Thorarinn G. Petursson

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Thorarinn G. Petursson (born July 2, 1966), is an Icelandic economist. Since September 15, 2009, he is the Chief Economist of the Central Bank of Iceland. [1]

Icelanders are a North Germanic ethnic group and nation who are native to the island country of Iceland and speak Icelandic.

Central Bank of Iceland Icelands central bank

The Central Bank of Iceland is the central bank or reserve bank of Iceland. It has served in this capacity since 1961, when it was created by an act of the Alþingi out of the central banking department of Landsbanki Íslands, which had the sole right of note issuance since 1927 and had conducted only limited monetary policy.



Petursson received his PhD degree in economics from Aarhus University, Denmark, in 1998. He has the M.S. degree in economics from the University of Essex in the UK in 1992 and a Cand. Oecon. degree in economics from the University of Iceland in 1991.


Prior to his appointment as Chief Economist, Petursson was Acting Chief Economist of the Bank from the end of February 2009 and became at the same time a member of the Bank's Monetary Policy Committee. He began his career at the Bank as an economist at the Economics Department in January 1994, but has served as the Deputy Chief Economist and the Head of Research and Forecasting at the Bank from June 2004. He has a long career as a university lecturer in economics.


He has published numerous articles in domestic and international academic journals on monetary policy and macroeconomics. [2] From 2001 to 2006, he led an effort to develop the Central Banks‘ new Quarterly Macroeconomic Model (QMM) of the Icelandic economy. [3]

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