Bachelor of Science, Lund (Sweden) University, 1963. Doctor in Economics, Lund (Sweden) University, 1985.
Senior lecturer economics, Lund U., 1970-1980; head department economics, Lund U., 1980-1984; research secretary, Swedish Building Research Council, Stockholm, 1984-1986; research director, Nordic Economics Research Council, Copenhagen, 1987-1993; director, head of department, Swedish Riksbank, Stockholm, 1993-1995; senior advisor to the governor, Swedish Riksbank, Stockholm, since 1996.
Married Gertie Persson, July 31, 1941. Children: Viveca, Torbjorn, Petra, Johanna.