Seppo Honkapohja, Member of the Board

Seppo Honkapohja
Address
Snellmaninaukio
00170 HELSINKI
FINLAND

Postal address
Bank of Finland
PO Box 160
FI-00101 HELSINKI
FINLAND

Assistant
Sirpa Paavola
010 831 20 15 / +358 10 831 2015
sirpa.paavola(at)bof.fi

Telephone
010 831 2005 (national)
+358 10 831 2005 (international)

Telefax
09 661 676 (national)
+358 9 661 676 (international)

Email
Firstname.Lastname@bof.fi
 

 Presentation

 

Seppo Honkapohja, D.Soc.Sc., has been a Member of the Board of the Bank of Finland since 1 January 2008, with responsibility for research, investment of financial assets and the administration function.

Dr Honkapohja joined the Bank of Finland from the academic world. He was Professor of International Macroeconomics at the University of Cambridge in 2004–2007. His prior career included work with the Academy of Finland, University of Helsinki and Turku School of Economics and Business Administration.

These pages provide more information on Dr Honkapohja's work experience, curriculum vitae and photographs intended for the use of the media.

 

 Curriculum vitae

 

HONKAPOHJA, Seppo, Mikko, Sakari

Born 7th March, 1951
Married, two adult children

D.Soc.Sc., University of Helsinki 1979

Current employment:

Board Member, Board of Governors, Bank of Finland, 2008-

Past employment:

Scientific Director in the Yrjö Jahnsson Foundation 1975-87
Professor of Economics, Turku School of Economics and Business Administration 1987-91
Academy Professor, Academy of Finland and University of Helsinki 1989 95, 2000- 2004
Professor of Economics, University of Helsinki 1992-2004
Professor of International Macroeconomics, University of Cambridge, UK 2004-2007

Selected professional and scientific activities:

Scandinavian Journal of Economics 1980-2005, Managing Editor 1984 1988
European Economic Review 1991-1998, Co-Editor 1993-98
Macroeconomic Dynamics, Associate Editor 1997-
European Economic Association 1985-2006, Council and Executive Committee
International Economic Association 1995-2002, Executive Committee
Finnish Expert Commission on EMU 1997
Scientific Council of the Ministry of Finance of Finland 1998-2003
European Economic Advisory Group, CESifo, Germany 2002-2007

Board memberships:

The Finnish Cultural Foundation: Member of Board of Trustees 1994-97, Chairman of Board of Trustees 1997-2001, Member of Board of Supervisors 2003-2009
Monetary Committee of the University of Helsinki, Vice-Chairman 1993-98, Chairman 1999-2004
Supervisory Board of Helsinki OP Bank Ltd, Member 1996, Chairman 1997-2007 
University of Helsinki, Vice Chairman of the Board 2014-

Honours:

Member of Academia Europaea
Member of Finnish Academy of Science and Letters
Fellow of the Econometric Society
Fellow of the European Economic Association
Jaakko Honko Medal by Helsinki School of Economics and Business Administration 1998
Yrjo Jahnsson Foundation Anniversary Prize in Economics 2004
Doctor of Science h.c. in Economics and Business Administration, Turku School 2010
of Economics, University of Turku, Finland

 

  • CV (PDF)
  •  
 

 Speeches

 

2014

20 Nov 2014  Johtokunnan jäsen Seppo Honkapohja: PK-yritysten rooli Suomen kansantaloudelle. Kansallissali, Helsinki, 20.11.2014.
4 Nov 2014  ECB assumes responsibility for euro area banking supervision
3 Nov 2014  Johtokunnan jäsen Seppo Honkapohja: Rahapolitiikka hyvin matalien korkojen olosuhteissa. Turun yliopisto, 3.11.2014.
24 Oct 2014  Member of the Board Seppo Honkapohja: Speech at the CEPR-BoF Conference “Entrepreneurial finance, innovation and growth”, 23 October 2014
20 Oct 2014  Member of the Board Seppo Honkapohja: Euro area economic developments from monetary policy maker's perspective. Hong Kong, 20 October 2014
30 Jun 2014  Member of the Board Seppo Honkapohja: Managing financial deregulation: Lessons from the 1980’s in the Nordic countries. Hanoi, 30 June 2014.
9 Jun 2014  Member of the Board Seppo Honkapohja: International spillovers from unconventional monetary policy easing and exit: what do we know? Helsinki, 9 June 2014.
26 May 2014  Member of the Board Seppo Honkapohja: Euro area during and after the crisis. Shanghai, 26 May 2014.
26 May 2014  Member of the Board Seppo Honkapohja: Financial innovation and financial stability: comments. Shanghai, 26 May 2014.
22 May 2014  Johtokunnan varapuheenjohtaja Pentti Hakkaraisen puhe: Pankkiunionin merkitys Suomessa, Itä-Suomen yliopiston Kuopion kampus 21.5.2014.
22 Apr 2014  Johtokunnan jäsen Seppo Honkapohja: Suomen talouden näkymät ja talouspolitiikan haasteet. Jyväskylän yliopisto, 22.4.2014.
21 Mar 2014  Johtokunnan jäsen Seppo Honkapohja: Pohjois-Karjalan talousfoorumi - North Carelia Economic Forum. Outokumpu, 21.3.2014.
6 Mar 2014  Johtokunnan jäsen Seppo Honkapohja: Euroopan talous: riskejä ja mahdollisuuksia. Helsingin yliopisto, 6.3.2014.
1 Mar 2014  Governor Erkki Liikanen: Ensuring economic and financial stability in Europe. Harvard University, 1 March 2014.
23 Jan 2014  Johtokunnan jäsen Seppo Honkapohja: EMU 2.0: euromaailma uudistusten jälkeen. Helsinki, 23.1.2014.

2013

17 Oct 2013  Member of the Board Seppo Honkapohja: "Financial liberalization in Western Europe: lessons for China?". Beijing University, 17 October 2013.
23 Sep 2013  Member of the Board Seppo Honkapohja: Key note address in the conference "Reform Capacity and Macroeconomic Performance in the Nordic Countries". Copenhagen, 20 September 2013.
4 Sep 2013  Member of the Board Seppo Honkapohja: “What’s Better for European Economies – euro or National Currency?”, XXIII Economic Forum, Krynica- Zdrój, Poland 4 September 2013
22 May 2013  Member of the Board Seppo Honkapohja: The Euro Crisis: a View from the North. Athens, Greece 22 May 2013.
15 Mar 2013  Member of the Board Seppo Honkapohja: Economic Outlook for Europe and Finland, London 15 March 2013
1 Mar 2013  Johtokunnan jäsen Seppo Honkapohja: Talousguru-kilpailun palkintojenjako 1.3.2013

2012

30 Nov 2012  Member of the Board Seppo Honkapohja: Lessons in Financial Liberalization for China from the Financial Market Collapses in Finland and Sweden in the 1990’s. 30 November 2012, Shanghai, China.
22 Nov 2012  Johtokunnan jäsen Seppo Honkapohja: Euroalueen julkisen velkakriisin tämän hetkinen tilanne, Helsinki 22.11.2012
24 Sep 2012  Member of the Board Seppo Honkapohja: “The current sovereign debt and banking crisis – ways forward?” Lübeck, 24 September 2012
4 Sep 2012  Johtokunnan jäsen Seppo Honkapohja: "Väestön ikääntyminen: talouden voimavara ja kustannustekijä", Helsinki 4.9.2012
5 Jun 2012  Member of the Board Seppo Honkapohja: ”How did the crisis challenge the Central Banking as we knew it? What should (not) change?”, Istanbul 4–5 June 2012
10 May 2012  Johtokunnan jäsen Seppo Honkapohja: Suomen talouden näkymät. Esitys Vantaan kaupunginvaltuuston seminaarissa 10.5.2012
27 Jan 2012  Johtokunnan jäsen Seppo Honkapohja: Viimeiset markat -näyttelyn avaus

2011

5 Dec 2011  Member of the Board Seppo Honkapohja: Speech on the occasion of the book launch of "Anticipating the Wealth of Nations", London, 5 December 2011
26 May 2011  Johtokunnan jäsen Seppo Honkapohja: Eläkkeet ja kansantalous, Keva-päivä 26.5.2011
29 Mar 2011  Pankinjohtaja Seppo Honkapohjan luento "Mihin rahapolitiikalla pyritään? Rahapolitiikan tavoitteet" rahamuseossa
20 Jan 2011  Johtokunnan jäsen Seppo Honkapohja: Avaussanat, rahamuseon vaihtuva näyttely, 20.1.2011

2010

21 Dec 2010  Johtokunnan jäsen Seppo Honkapohja: Eurooppa-neuvoston Jälkilöylyt, kommentteja, Helsinki 21.12.2010
19 Nov 2010  Member of the Board Seppo Honkapohja: Learning as a Rational Foundation for Macroeconomics and Finance
15 Nov 2010  Member of the Board Seppo Honkapohja: Reasserting growth after the crisis. Conference on European Economic Integration, Wien, 15–16 November 2010
1 Oct 2010  Johtokunnan jäsen Seppo Honkapohja: Miten taloustiede muuttuu finanssikriisin jälkeen? VATT:n 20-vuotisjuhlaseminaari 1.10.2010
3 Sep 2010  Member of the Board Seppo Honkapohja: Lessons from the financial crisis on monetary policy, financial stability and regulation. Money, Macro and Finance Research Group, 42nd Annual Conference, Limassol 3.9.2010
11 Jun 2010  Member of the Board Seppo Honkapohja: Fiscal consolidations: comments in the panel BoF and Bd’I Conference, 11 June 2010, Helsinki
14 May 2010  Johtokunnan jäsen Seppo Honkapohja: Kunniatohtorin puhe "How does the current crisis influence economic and financial research?" Turun kauppakorkeakoulun tohtoripromootio 14.5.2010
10 Feb 2010  Johtokunnan jäsen Seppo Honkapohja: Finanssikriisin jälkimainingit, Kunta-alan talous- ja rahoitusfoorumi, Helsinki 10.2.2010

2009

27 Nov 2009  Johtokunnan jäsen Seppo Honkapohja: Akatemiasta markkinapaikalle – käytännön kokemuksia, Joensuu 27.11.2009
12 Nov 2009  Johtokunnan jäsen Seppo Honkapohja: Kansantalouden mahdollisuudet ja rahoitusmarkkinat, 12.11.2009 Hämeenlinna
6 Nov 2009  Member of the Board Seppo Honkapohja: The 1990’s Financial Crises in Nordic Countries. "Financial Markets and the Macroeconomy: Challenges for Central Banks", Sveriges Riksbank, 6 November 2009
30 Oct 2009  Member of the Board Seppo Honkapohja: Financial crises: characteristics and crisis management. Lecture, University of New Orleans, 30 October 2009
19 Oct 2009  Johtokunnan jäsen Seppo Honkapohja: Taloustieteen tila Suomessa, Taloustieteellinen Yhdistys, 19.10.2009
4 Jun 2009  Member of the Board Seppo Honkapohja: Financial crises: characteristics and crisis management. ASTIN 2009 Colloquium, 4 June 2009, Helsinki
27 May 2009  Member of the Board Seppo Honkapohja: Experiences from the 1990s financial crisis in Nordic countries. 18th International Banking Conference, 27 May 2009, St. Petersburg.
23 Apr 2009  Pankinjohtaja Seppo Honkapohja: Talouden tilanne ja näkymät, Hämeenlinnan Paasikivi-Seura, 23.4.2009

2008

14 Nov 2008  Member of the Board Seppo Honkapohja: Comments on ”The global roots of the current financial crisis and its implications for regulation” , Frankfurt 14.11.2008
3 Nov 2008  Pankinjohtaja Seppo Honkapohja: Uhkaako työvoimapula alueiden kehitystä? Pohjois-Pohjanmaan maakuntapäivät, Oulu, 3.11.2008
23 Oct 2008  Pankinjohtaja Seppo Honkapohja: Talouden mahdollisuudet 2009, Talous 2009 seminaari, Helsinki, 23.10.2008
23 Oct 2008  Pankinjohtaja Seppo Honkapohja: Kauanko Pohjoismaiden malli kestää? Helsingin yliopiston Studia Generalia 2008, Helsinki, 23.10.2008
8 Oct 2008  Pankinjohtaja Seppo Honkapohja: Eläkejärjestelmät ja globaali talous, TELA-foorum, Helsinki, 8.10.2008
28 Sep 2008  Member of the Board Seppo Honkapohja: The 1990’s Financial Crises in Nordic Countries, Philadelphia 28 September 2008
29 Apr 2008  Pankinjohtaja Seppo Honkapohja: Rahapolitiikan tutkimus ja toimintatavat; Kuinka rahapolitiikan tutkimus vaikuttaa rahapolitiikkaan? Studia monetaria 29.4.2008
29 Jan 2008  Pankinjohtaja Seppo Honkapohja: Toimiiko Pohjoismaiden malli tulevaisuudessakin?
 

 Publications

 
 See the list for details of all published papers by Seppo Honkapohja:
 
Downloadable publications:
 
Targeting Nominal GDP or Prices: Expectation Dynamics and the Interest Rate Lower Bound, mimeo, April 2014; with Kaushik Mitra » Download PDF (791kB)
Fiscal Policy and Learning, with Kaushik Mitra and George W. Evans, January 2012 (June 18, 2013 revision) » Download PDF (292 kB)
 
Growth, expectations and tariffs, Bank of Finland Research, Discussion Papers 9/2011 with Arja H Turunen-Red and Alan D Woodland (October 16, 2013 revision) » Download PDF (358 kB)
 
Expectations, Learning and Monetary Policy: An Overview of Recent Research, in Monetary Policy under Uncertainty and Learning, Eds. Schmidt-Hebbel, Klaus and Carl E. Walsh, Bank of Chile, Santiago, 2009, 27-76; with George W. Evans.
 
Robust Learning Stability with Operational Monetary Policy Rules, in Monetary Policy under Uncertainty and Learning, Eds. Schmidt-Hebbel, Klaus and Carl E. Walsh, Bank of Chile, Santiago, 2009, 145-170; with George W. Evans.
 
Monetary Policy, Expectations and Commitment, published in 2006 in Scandinavian Journal of economics; long version: May 2003 with corrections 2/04; with George W. Evans. » Download PDF (394 kB)
 
Learning and Expectations in Macroeconomics, Princeton University Press, Princeton NJ 2001; with George W. Evans. Errata, computer programs, reviews and problem sets available at http://www.valt.helsinki.fi/geshbook/

Report on the European Economy 2005, European Economic Advisory Group at CESifo » Download PDF

Report on the European Economy 2006, European Economic Advisory Group at CESifo » Download PDF

Report on the European Economy 2007, European Economic Advisory Group at CESifo » Download PDF

 

 Pictures

 

The Bank of Finland has full rights to the photographs. However, all material may be freely used, as long as the source is always mentioned.

For further information, please contact the Bank of Finland, Communication office Mon–Fri 9.00–16.30, tel. +358 10 183 2651.

The files can be downloaded to your own data base, as follows:

  • Windows OS: Select the picture file required and using the right-hand button on your mouse and click on 'Save Target As'.
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Pictures
Download file (jpg, 4,3 MB)
 
Member of the Board Seppo Honkapohja
 
© Suomen Pankki, photographer Peter Mickelsson​
Download file (jpg, 4,3 MB)
 
Member of the Board Seppo Honkapohja
 
© Suomen Pankki, photographer Peter Mickelsson

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Member of the Board Seppo Honkapohja

© Suomen Pankki, photographer Pekka Karhunen

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Member of the Board Seppo Honkapohja

© Suomen Pankki, photographer Pekka Karhunen

Download file (jpg, 6,3 MB)

Member of the Board Seppo Honkapohja

© Suomen Pankki, photographer Pekka Karhunen

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Member of the Board Seppo Honkapohja

© Suomen Pankki, photographer Pekka Karhunen

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Member of the Board Seppo Honkapohja

© Suomen Pankki, photographer Pekka Karhunen

Download file (jpg, 6,4 MB)

Member of the Board Seppo Honkapohja

© Suomen Pankki, photographer Pekka Karhunen

Download file (jpg, 6,7 MB)

Member of the Board Seppo Honkapohja

© Suomen Pankki, photographer Pekka Karhunen

Download file (jpg, 6,8 MB)

Member of the Board Seppo Honkapohja

© Suomen Pankki, photographer Pekka Karhunen