How Low Interest Rates Change the World

 
 
Join PeRCent’s Afternoon Event – May 14

How Low Interest Rates Change the World

For four decades, from 1980 to 2020, global interest rates steadily declined, even turning negative in some countries. This shift had profound societal impacts, including rising global debt, soaring house and stock prices, and increasing inequality. In the aftermath of the pandemic, interest rates have risen once more. But is the world entering a new era of persistently higher rates, or is this merely a temporary fluctuation? 

While not a book launch, this event will take its starting point in Professor of Finance and PeRCent Co-Director Jesper Rangvid’s newly released book, How Low Interest Rates Change the World - Jesper Rangvid - Oxford University Press. 

At the event, Jesper Rangvid will present key insights from his book.
He will be joined by:
 
  • Thomas Harr, Assistant Governor and Head of Economics and Monetary Policy at Danmarks Nationalbank
  • Carl-Johan Dahlgaard, Professor of Economics and Chairman of the Board of the Danish Economic Councils.
The speakers will share their perspectives on the long-term effects of low interest rates and the implications of the current macroeconomic shift.

The discussion will conclude with a panel debate, moderated by Kenneth Praefke, Economic Correspondent at Børsen, with opportunities for the audience to ask questions and join the dialogue.

The event will conclude with a light reception. 

Join us for this engaging discussion on: 

📅  Wednesday, 14 May
🕟  16:30 PM – 18:45 PM
 📍   Copenhagen Business School, Solbjerg Plads 3, 2000 Frederiksberg
📌  Auditorium SP202
 
 
Programme: 

16:30–16:35 – Welcome
Jesper Rangvid, CBS

16:35–16:40 – Outline of the event
Kenneth Praefke, Børsen

16:40–17:00 – How Low Interest Rates Change the World
Jesper Rangvid, CBS

17:00–17:20 –  Has the real rate of return “depreciated"?
Carl-Johan Dalgaard, University of Copenhagen

17:20–17:40 – Towards a neutral monetary policy
Thomas Harr, Danmarks Nationalbank

17:40–18:10 – Panel debate and audience Q&A
Moderated by Kenneth Praefke, Børsen

18:10–18:45 – Light reception

Waiting list:
If the event is fully booked, a waiting list will automatically open. You will be added to the list in the order your request is received, and if spots become available, we will reach out to offer you a place.
If you need to cancel your registration and the system does not allow it, please contact len.fi@cbs.dk for assistance.
 
 
Biographies:
 
Carl-Johan Dalgaard is a Professor at the Department of Economics at the University of Copenhagen. His research is in long-run economic growth as well as in health economics. He is a research fellow at the Centre for Economic Policy Research (CEPR, London) and the Centre for Competitive Advantage in the Global Economy (CAGE, Warwick), and an Associate Editor for the Journal of Economic Growth. In addition to his academic work he has been the Chairman of the Danish Economic Councils (Det Økonomiske Råd) since 2020. At University of Copenhagen he teaches economic growth and economic history.
 
Thomas Harr is Chief Economist at Danmarks Nationalbank, which is Denmark’s central bank. At the bank, he manages the economics and monetary policy department, including the research unit. Before joining the central bank in 2021, Thomas worked in investment banking for 16 years where his last role was as Global Head of Research at Danske Bank, one of the largest banks in the Nordics. Previously, he was Head of Local Markets Research at Standard Chartered in Singapore. Thomas holds a master’s degree in economics from the London School of Economics and a PhD in economics from the University of Copenhagen. He has published his academic work in leading economic journals, authored the book The Great Inflation Resurgence, and has frequently been interviewed by international newswires such as Bloomberg, CNBC and BBC.
 
Kenneth Praefke is a business and economics correspondent at the Danish financial newspaper Børsen. He has previously been economics editor at Børsen for more than six years, and a business and economics commentator at the Danish daily newspaper Jyllands-Posten. He holds a master’s degree in economics from the University of Copenhagen.
 
Jesper Rangvid is Professor of Finance and the Director of the Pension Research Centre (PeRCent) at Copenhagen Business School. His research focuses on asset return determination and forecasting, financial crises, financial institutions, and household finance. Rangvid holds positions on various committees and boards of private and public firms. Notably, he led the government appointed committee that investigated the causes and consequences of Denmark’s 2008 financial crisis. His book, From Main Street to Wall Street, was published by Oxford University Press in 2021. Jesper also authors Rangvid’s Blog, where he shares insights on finance and economics. 
 
 
 
 

Information about the Event

Date and time Wednesday 14. May 2025 at 16:30 to 18:45

Registration Deadline Wednesday 14. May 2025 at 08:00

Location Copenhagen Business School
Solbjerg Plads 3, SP202.
Frederiksberg
DK-2000

Organizer

Department of Finance, CBS
Phone +45 3815 3815
nso.fi@cbs.dk

Event Location

Click to view the event location on Google Maps
Jump to Start Registration

Event Location

Click to view the event location on Google Maps