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Jakob Brøchner Madsen (born in
Randers Randers () is a city in Randers Municipality, Central Denmark Region on the Jutland peninsula. It is List of cities and towns in Denmark, Denmark's sixth-largest city, with a population of 64,511 ().Denmark Denmark is a Nordic countries, Nordic country in Northern Europe. It is the metropole and most populous constituent of the Kingdom of Denmark,, . also known as the Danish Realm, a constitutionally unitary state that includes the Autonomous a ...
) is an
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
, professor and former
financial analyst A financial analyst is a professional undertaking financial analysis for external or internal clients as a core feature of the job. Bank of Jutland). He was one of few economists who predicted the IT bubble in 2001 and the
2000s United States housing bubble The 2000s United States housing bubble or house price boom or 2000s housing cycle was a sharp run up and subsequent collapse of house asset prices affecting over half of the U.S. states. In many regions a real estate bubble, it was the impet ...
and the
2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
. In 2006 he and Jens Kjaer Sørensen wrote: "The bursting of this housing bubble will have a severe impact on the world economy and may even result in a recession."Bezemer, Dirk J, 16 June 2009
"“No One Saw This Coming”: Understanding Financial Crisis Through Accounting Models"
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Biography

He was ranked as number 949 in the world of the 55000+ economists who published at least one JEL classified article over the period from 1994 to 1998, according to a study funded by the European Economic Association.


References


External links




When the Dooms day economist was right
{{DEFAULTSORT:Madsen, Jakob Brochner Danish economists living people people from Randers year of birth missing (living people)