Professional Experience

• • Chief, Trade and Financial Studies

    Board of Governors of the Federal Reserve System

  • 2008 - present

• • Economist, Senior Economist, Section Chief

    Sveriges Riksbank

  • 1999 - 2008

Publications

• Coenen, Günter, Christopher J. Erceg, Charles Freedman, Davide Furceri, Michael Kumhof, Ren Lalonde, Douglas Laxton, et al. (2012). "Effects of Fiscal Stimulus in Structural Models," American Economic Journal: Macroeconomics, vol. 4, no. 1, pp. 22-68.
• Erceg, Christopher J., and Jesper Linde (2012). "Fiscal Consolidation in an Open Economy," International finance discussion papers 1046. Board of Governors of the Federal Reserve System (U.S.).
• Adolfson, Malin, Stefan Laseen, Jesper Linde, and Lars E. O. Svensson (2011). "Optimal Monetary Policy in an Operational Medium-Sized DSGE Model," International Finance Discussion Papers 1023. Board of Governors of the Federal Reserve System (U.S.).
• Jacobson, Tor, Jesper Linde, and Kasper Roszbach (2011). "Firm Default and Aggregate Fluctuations," International Finance Discussion Papers 1029. Board of Governors of the Federal Reserve System (U.S.).
• Altig, David, Lawrence J. Christiano, Martin Eichenbaum, and Jesper Linde (2010). "Firm-Specific Capital, Nominal Rigidities and the Business Cycle," International Finance Discussion Papers 990. Board of Governors of the Federal Reserve System (U.S.).
• Erceg, Christopher J., and Jesper Linde (2010). "Asymmetric Shocks in a Currency Union with Monetary and Fiscal Handcuffs?" International Finance Discussion Papers 1012. Board of Governors of the Federal Reserve System (U.S.).
• Erceg, Christopher J., and Jesper Linde (2010). "Is there a Fiscal Free Lunch in a Liquidity Trap?" International Finance Discussion Papers 1003. Board of Governors of the Federal Reserve System (U.S.).
• Linde, Jesper (2009). "The Effects of Permanent Technology Shocks on Hours: Can the RBC-Model Fit the VAR Evidence?" Journal of Economic Dynamics and Control, vol. 33, no. 3, pp. 597-613.
• Linde, Jesper, Marianne Nessen, and Ulf Soderstrom (2009). "Monetary Policy in an Estimated Open-Economy Model with Imperfect Pass-through," International Journal of Finance and Economics, vol. 14, no. 4, pp. 301-333.
• Adolfson, Malin, Stefan Laseen, Jesper Linde, and Mattias Villani (2008). "Empirical Properties of Closed- and Open-Economy DSGE Models of the Euro Area," Macroeconomic Dynamics, Supplement 1, vol. 12, no. 1, pp. 2-19.
• Adolfson, Malin, Stefan Laseen, Jesper Linde, and Mattias Villani (2008). "Evaluating an Estimated New Keynesian Small Open Economy Model," Journal of Economic Dynamics and Control, vol. 32, no. 8, pp. 2690-2721.
• Adolfson, Malin, Jesper Linde, and Mattias Villani (2007). "Bayesian Analysis of DSGE Models--some Comments," Econometric Reviews, vol. 26, no. 2-4, pp. 173-185.
• Adolfson, Malin, Jesper Linde, and Mattias Villani (2007). "Forecasting Performance of an Open Economy DSGE Model," Econometric Reviews, vol. 26, no. 2-4, pp. 289-328.
• Adolfson, Malin, Michael K. Andersson, Jesper Linde, Mattias Villani, and Anders Vredin (2007). "Modern Forecasting Models in Action: Improving Macroeconomic Analyses at Central Banks," International Journal of Central Banking, vol. 3, no. 4, pp. 111-144.
• Adolfson, Malin, Stefan Laseen, Jesper Linde, and Mattias Villani (2007). "Bayesian Estimation of an Open Economy DSGE Model with Incomplete Pass-through," Journal of International Economics, vol. 72, no. 2, pp. 481-511.
• Carling, Kenneth, Tor Jacobson, Jesper Linde, and Kasper Roszbach (2007). "Corporate Credit Risk Modeling and the Macroeconomy," Journal of Banking and Finance, vol. 31, no. 3, pp. 845-868.
• Jacobson, Tor, Jesper Linde, and Kasper Roszbach (2006). "Internal Ratings Systems, Implied Credit Risk and the Consistency of Banks' Risk Classification Policies," Journal of Banking and Finance, vol. 30, no. 7, pp. 1899-1926.
• Adolfson, Malin, Stefan Laseen, Jesper Linde, and Mattias Villani (2005). "Are Constant Interest Rate Forecasts Modest Policy Interventions? Evidence from a Dynamic Open-Economy Model," International Finance, vol. 8, no. 3, pp. 509-544.
• Adolfson, Malin, Stefan Laseen, Jesper Linde, and Mattias Villani (2005). "The Role of Sticky Prices in an Open Economy DSGE Model: A Bayesian Investigation," Journal of the European Economic Association, vol. 3, no. 2-3, pp. 444-457.
• Altig, David, Lawrence Christiano, Martin Eichenbaum, and Jesper Linde (2005). "Firm-Specific Capital, Nominal Rigidities and the Business Cycle," National Bureau of Economic Research, Inc, NBER Working Papers 11034.
• Jacobson, Tor, Jesper Linde, and Kasper Roszbach (2005). "Credit Risk Versus Capital Requirements Under Basel II: Are SME Loans and Retail Credit really Different?" Journal of Financial Services Research, vol. 28, no. 1-3, pp. 43-75.
• Jacobson, Tor, Jesper Linde, and Kasper Roszbach (2005). "Exploring Interactions between Real Activity and the Financial Stance," Journal of Financial Stability, vol. 1, no. 3, pp. 308-341.
• Linde, Jesper (2005). "Estimating New-Keynesian Phillips Curves: A Full Information Maximum Likelihood Approach," Journal of Monetary Economics, vol. 52, no. 6, pp. 1135-1149.
• Linde, Jesper (2004). "Swedish Postwar Business Cycles: Generated Abroad Or at Home?" Scandinavian Journal of Economics, vol. 106, no. 4, pp. 623-645.
• Linde, Jesper (2003). "Comment on 'the Output Composition Puzzle: A Difference in the Monetary Transmission Mechanism in the Euro Area and U.S.'," Journal of Money, Credit, and Banking, vol. 35, no. 6, pp. 1309-1317.
• Linde, Jesper (2002). "Monetary Policy Analysis in Backward-Looking Models," Annales d'Economie et de Statistique, no. 67-68, pp. 155-182.
• Floden, Martin, and Jesper Linde (2001). "Idiosyncratic Risk in the United States and Sweden: Is there a Role for Government Insurance?" Review of Economic Dynamics, vol. 4, no. 2, pp. 406-437.
• Linde, Jesper (2001). "Testing for the Lucas Critique: A Quantitative Investigation," American Economic Review, vol. 91, no. 4, pp. 986-1005.

Other Activities