Jakob Brochner Madsen

Jakob Brochner Madsen
Born Randers, Denmark
Citizenship Denmark
Fields Economics; Finance

Jakob Brochner Madsen (born in Randers, Denmark) is an economist, professor and former financial analyst and deputy chief economist (Bank of Jutland). He was one of few economist who predicted the IT bubble in 2001 and the housing bubble in 2006 and the global financial crisis.[1]

Contents

Biography

He received his PhD in 1991. Since completing his PhD he has held lecturing positions at the University of Southampton, University of Western Australia and Flinders University and professorial positions at Brunel University, London, and University of Copenhagen. Since joining Monash University in 2006 he has been the coordinator of the Caulfield Campus.

He has published more than 60 papers in international refereed journals including Journal of Economic Growth, Journal of Monetary Economics, Review of Economics and Statistics, Economic Journal, Journal of Development Economics, Journal of International Economics, Economica, Journal of Economic History, Scandinavian Journal of Economics, Economics Letters, Journal of International Money and Finance, Southern Economic Journal and Explorations in Economic History. The research areas are in macroeconomics, economic growth, macrofinance, applied econometrics, and the macroeconomics of the Great Depression.

He was ranked as number 949 in the world of the 55000+ economists who published at least one JEL classified article over the period from 1994 to 1998, according a recent study funded by the European Economic Association.[2]

References

  1. ^ Bezemer, Dirk J (25. Jun 2009). "“No One Saw This Coming”: Understanding Financial Crisis Through Accounting Models". Munich Personal RePEc Archive. http://mpra.ub.uni-muenchen.de/15892/. Retrieved September 20, 2011. 
  2. ^ http://www-personal.buseco.monash.edu.au/~jmadsen/

Jakobs predictions about the housing market 2003-2007

January 2003 "I am very pessimistic. We will experience something, which is worse than what happened to the world in 1982. That was the worst recession since WWII", Jakob said to Politiken

September 2005 According to Jakob the price on used houses in Denmark is approximately 30 percent or more overvalued than the price of construction... we have a price bubble. Berlingske (Danish) [1]

External links

References

  1. ^ http://www.business.dk/article/20070710/dinepenge/70710025/