Karl Walentin

I am a professor of economics at Uppsala University.  In addition, I am a visiting scholar at Sveriges Riksbank and a board member of the Fiscal Policy Council. My research is within macroeconomics, mainly related to business cycles, immigration, macro-labor and macro-housing. An important part of my current research concerns the role of housing and mortgages for the monetary policy transmission. I am also part of the MacH2M research group, which empirically characterizes the key dimensions of heterogeneity between households (and firms) that affect how shocks propagate through the economy.  Our first paper in this research group concerns how to estimate the MPC wealth gradient.

Latest news:

Appointed full professor at Uppsala University, May 5th 2026.

"How much better is the Riksbank's monetary policy for Sweden than the ECB’s?", a book chapter in the book Time for Swedish Euro membership? edited by Lars Calmfors, March 13th, 2026.
Swedish version of above: "Hur mycket bättre är Riksbankens penningpolitik för Sverige än ECB:s?", kapitel i boken 'Dags för Euron?' edited by Lars Calmfors, Dec 1st 2025.

Finanspolitiska rådets årsrapport för 2026, Feb 2026.

"Invandringens makroekonomiska effekter", a book chapter on the effects on GDP and unemployment of immigration in an anthology by Konjunkturinstitutet, May 28th 2025.

Appointed to the Swedish Fiscal Policy Council (Finanspolitiska rådet) for 2025-2028.

Bolåneregler behövs i en orolig tid,  Op-Ed in Svenska Dagbladet, February 22nd, 2025 [in Swedish]

Obalanserad utredning om bolånereglering,  Column in Ekonomistas, January 30th 2025. [in Swedish]

New publication: Dynamic Macroeconomic Implications of Immigration,  Journal of Monetary Economics. (with Conny Olovsson and Andreas Westermark), Jan 24th, 2025.

Here is my CV .

Contact info:
E-mail: karl.walentin@nek.uu.se
Phone: +46-73-469 7482