Karl Walentin, Ph.D.
Research Department
Sveriges Riksbank
SE-103 37 Stockholm, Sweden
Phone: + 46 8 787 04 91
Fax: + 46 8 21 05 31
"E-mail:"
Detailed CV [pdf]
Fields
Macro, empirical macro, financial economics; in particular financial frictions.
Education
Ph.D., Economics, New York University, 2005.
M.Sc., Economics, Stockholm School of Economics, 1999.
Short bio
Karl Walentin has been working at the Research Division of Sveriges Riksbank since 2005 and recieved his Ph.D. from New York University the same year. His research concerns macroeconomics with a focus on financial issues. In his recent work he has estimated DSGE models with financial frictions on Swedish data in the household sector (with Peter Sellin), and in the corporate sector (with Lawrence Christiano and Mathias Trabandt) respectively.
Journal publications
"Block Kalman filtering for large-scale DSGE models", Computational Economics, Vol. 33(3), pp. 277-304, 2009 (with Ingvar Strid). Workig paper version [pdf]
Working Papers
"Financial Frictions, Investment and Tobin’s", (with Guido Lorenzoni, MIT). Sveriges Riksbank Working Paper No. 208. Revise and resubmit at Review of Economic Studies. October 2007 [pdf]
"Introducing Financial Frictions and Unemployment into a Small Open Economy Model" (with Lawrence Christiano and Mathias Trabandt). Sveriges Riksbank Working Paper No. 214. April 2009 [pdf]
"Computational appendix to the above paper:"
"Earnings Inequality and the Equity Premium". Submitted for publication. Sveriges Riksbank Working Paper No. 215. April 2009 [pdf]
"Expectation Driven Business Cycles with Limited Enforcement". Submitted for publication. Sveriges Riksbank Working Paper No. 229. April 2009 [pdf]
Work in progress
"An estimated DSGE model with housing collateral" (with Peter Sellin). A popularized version published in the Sveriges Riksbank "Economic Commentaries" series. [pdf]
Earlier papers
"Asset pricing implications of two financial accelerator models" [pdf]
Refereeing
American Economic Review, Journal of Monetary Economics, Journal of Economic Dynamics and Control, Scandinavian Journal of Economics, Macroeconomic Dynamics, B.E. Journal of Macroeconomics, Applied Economics Quarterly, Journal of Macroeconomics