Professor emeritus of economics. Faculty of Economics and Business Administration at the University of Iceland.
Universtiy address: Department of Economics
Home address : Strandagergaard
Strandagergaardsvej 5, Gelstrup
Family : Married to Lisa von Schmalensee, mag. art.
Four daugthers from previous marrage : Hanna Valdís, Arndís, Margrét, Hulda Kristín.
1957-59 Studies in economics, statistics and English at Stockholm University .
1961 Fil.kand. from Uppsala University
1965 Fil.lic. from Uppsala University.
1965 Special student in Economics at M.I.T., Cambridge, USA
1969 Fil.dr. from Uppsala University.
Risk management, economic policy, public finance.
1961-68 Lecturer at Uppsala University.
1968-2007 Professor of Economics, University of Iceland .
1969-71 Dean of Faculty of Economics and Business Administration.
1976-2002 Board of Directors of the Nordic Investment Bank.
1976-2007 Appeals Committee on Real Estate.
1979-85 President of the University of Iceland.
1986-1994 Board of Directors of the Central Bank of Iceland.
1986-2000 Chairman of the Union of Professors.
1987-1993 Member of the Division of Humanities and Social Sciences
of the Icelandic Council of Science. Chairman since1991.
1989-1995 Director of the Institute of Economics at the University of Iceland.
1990-2002 Board of Research in Energy Economics under the Nordic Council.
1992-1994 Dean of the Faculty of Economics and Business Administration.
1994-2004 Board of Toyota Iceland.
1997-2002 Member of the Executive Council of the Lutheran Church of Iceland.
1999-2004 Committee on Evaluation of Some Aspects of the Danish Financial Supervision.
1999-2001 Dean of the Faculty of Economics and Business Administration.
2001-2006 Vice Dean of the Faculty of Economics and Business Administration.
2001-2005 Member of grants committee of Christianity Anniverary Fund.
2002-2006 Board of Artic Trucks Norge.
2002-2009 Nordic Tax Research Council.
2007 -2009 Member of Grants Committee of Riksbankens Jubileumsfond.