Homepage of David Vestin


Current employment and contact info

Current position: Senior advisor, Research Divison, Monetary Policy Department
Sveriges riksbank

Recent presentations

Nov 28, 2016 Lecture notes, Financial imbalances in the monteray policy decision, Handelshögskolan
Nov 19, 2015 Slides: Meeting with journalists on how the Riksbank controls interest rates (In Swedish)
Nov 7, 2015
Financial imbalances in the monetary policy decision

Presentation at the Trinity-workshop, Princeton University.
May 6, 2015 Penningpolitik i lågräntemiljö
Presentation på Handelsbankens "Flowseminarium" (ppt in Swedish)

Articles in journals

Hördahl, P., Tristani, O., & Vestin, D. (2008). The yield curve and macroeconomic dynamics. The Economic Journal, 118(533), 1937-1970.
Lombardo, G., & Vestin, D. (2008). Welfare implications of Calvo vs. Rotemberg-pricing assumptions. Economics Letters, 100(2), 275-279.
Vestin, D. (2006). Price-level versus inflation targeting. Journal of Monetary Economics, 53(7), 1361-1376.
Hördahl, P., Tristani, O., & Vestin, D. (2006). A joint econometric model of macroeconomic and term-structure dynamics. Journal of Econometrics, 131(1), 405-444.
Gaspar, V., Smets, F., & Vestin, D. (2006). Adaptive learning, persistence, and optimal monetary policy. Journal of the European Economic Association, 4(2‐3), 376-385.
Gaspar, V., Smets, F., & Vestin, D. (2006). Monetary policy over time. Macroeconomic Dynamics, 10(02), 207-229.
Nessén, M., & Vestin, D. (2005). Average inflation targeting. Journal of Money, Credit and Banking, 837-863.
Hördahl, P., & Vestin, D. (2005). Interpreting implied risk-neutral densities: the role of risk premia.Review of Finance, 9(1), 97-137.

Books and chapters

Gaspar, V., Smets, F. & Vestin, D. Inflation persistence, adaptive learning and optimal monetary policy, in Friedman, B. M., & Woodford, M. (Eds.). (2010). Handbook of monetary economics (Vol. 3). Elsevier.
Gaspar, V., Smets, F., & Vestin, D. (2007, May). Is Time Ripe for Price (Level) Stability?,'. In Frontiers of Central Banking', conference Magyar Nemzeti Bank, May.
Gaspar, V., Issing, O., Tristani, O., & Vestin, D. (2006). Imperfect knowledge and monetary policy. Cambridge University Press.

Works in swedish

Söderström, U., & D. Vestin (2015). Svensk penningpolitik, i Marknad och Politik, Hultkrantz, L. & H. Tson Söderström (ed). Studentlitteratur.

Education and previous employment

2015-present Senior advisor, Research Division, Monetary Policy Department
2011-2015 Deputy Head, Monetary Policy Department, Sveriges riksbank
2009-2011 Head of Modelling Divison, Monetary Policy Department, Sveriges riksbank
2008 Senior Economist, Bank for International Settlements
2001-2008 Senior Economist, DG-Research, European Central Bank
1998-2001 Ph.D. program, IIES, Stockholm University. Graduated May 2001.
Thesis title "Essays on Monetary Policy", advisor: Prof. Lars E.O. Svensson.
1995-1998 Ph.D. program, Uppsala University
1991-1994 Bachelor, Economics, Uppsala University.