Jan Hatzius (born December 17, 1968) is the chief economist of

investment bank Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ...

Goldman Sachs. Notable for his

bearish Market sentiment, also known as investor attention, is the general prevailing attitude of investors as to anticipated price development in a market. This attitude is the accumulation of a variety of fundamental and technical factors, including ...

forecasts prior to the

Financial crisis of 2007–2008 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...

, he is a two-time winner of the Lawrence R. Klein Award for the most accurate US

economic forecast Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation—for example for GDP, inflation, unemployment or the fiscal deficit—or at a more disaggregated level, for ...

over the prior four years.Most Accurate Economist 2012
.Most Accurate Economist 2009
/ref> He has also won a number of other forecasting awards, including the

Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

Bloomberg Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and m ...

, and Institutional Investor annual forecaster rankings. Born in

Heidelberg Heidelberg (; Palatine German language, Palatine German: ''Heidlberg'') is a city in the States of Germany, German state of Baden-Württemberg, situated on the river Neckar in south-west Germany. As of the 2016 census, its population was 159,914 ...

, Hatzius attended the

University of Wisconsin–Madison A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United Stat ...

and the

Kiel Institute for the World Economy The Kiel Institute for the World Economy (Institut für Weltwirtschaft, or IfW) is an independent, non-profit economic research institute and think tank based in Kiel, Germany. In 2017, it was ranked as one of the top 50 most influential think ta ...

. He earned a

Doctor of Philosophy A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is ...

in economics from the

University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...

in 1995 (advisor:

Stephen Nickell Sir Stephen John Nickell, (born 25 April 1944) is a British economist and former warden of Nuffield College, Oxford, noted for his work in labour economics with Richard Layard and Richard Jackman. Nickell and Layard hypothesised the tendency f ...

). He has also worked as a research fellow at the

London School of Economics The London School of Economics and Political Science (LSE) is a public university, public research university located in London, England and a constituent college of the federal University of London. Founded in 1895 by Fabian Society members Sidn ...

. Hatzius joined Goldman Sachs in 1997 as an associate economist in the Frankfurt office and moved to New York in 1999. He became a managing director in 2004, and succeeded former chief US economist William Dudley in 2005. In 2008, Hatzius was named to Goldman Sachs′ list of partners. In 2011, Hatzius became the firm's chief economist. He is also the head of both the Global Economics group and Americas Macro Research. Hatzius is married with three children, and resides in

New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...

Upper West Side The Upper West Side (UWS) is a neighborhood in the borough of Manhattan in New York City. It is bounded by Central Park on the east, the Hudson River on the west, West 59th Street to the south, and West 110th Street to the north. The Upper West ...

Selected publications

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References

{{DEFAULTSORT:Hatzius, Jan 1968 births Living people Businesspeople from Heidelberg German economists University of Wisconsin–Madison alumni Goldman Sachs people