Morten Ravn
Professor · Macroeconomics (incl. monetary and fiscal theory)
University College LondonAbout
Morten O. Ravn is a Professor of Economics at University College London (UCL) with a Chair of Macroeconomics. He holds a cand.oecon (MSc) from Aarhus University (1990) and a PhD from the University of Southampton (1993). His career spans prestigious institutions including the European University Institute, London Business School, Universitat Pompeu Fabra, and the University of Southampton.
- Research Focus: Applied macroeconomics, fiscal policy, business cycles, international macroeconomics, and macroeconometrics.
- Awards & Fellowships: Fellow of the Econometric Society, Fellow of the European Economic Association, Advanced ERC Grantee, Research Fellow at CEPR, and Jean Monnet Fellow.
- Editorial Roles: Co-Editor of Quantitative Economics (Econometric Society journal), Managing Editor of The Economic Journal, and Chairman of the Royal Economic Society's Publications Committee.
- Public Policy Impact: His work on tax policy, liquidity traps, and consumption dynamics has influenced debates on monetary-fiscal interactions, economic crises, and international trade.
His 15 most recent publications (2010-2025) span empirical tax policy analysis, heterogeneous agent models (HANK/SAM), sentiment-driven business cycles, and financial frictions. Key trends include leveraging historical tax shocks to measure multipliers, modeling incomplete markets, and quantifying the macroeconomic effects of government asset purchases. He has supervised over 40 PhD students and is a leading voice in reconciling SVAR and narrative approaches to fiscal policy.
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