After twelve years at the World Bank, as senior economist and principal economist, Klaus Schmidt-Hebbel - one of most highly regarded economists internationally - joined the Organization for Economic Co-operation and Development as Chief Economist, where he was also the Director of the Economics Department simultaneously.
Since 2004 he has also been Professor of Economics at the Catholic University of Chile. In 2007 Dr Schmidt-Hebbel was appointed President of the Chilean Economic Association. He has worked closely with many financial organisations (IMF, World Bank, Asian Development Bank and others), central banks (New Zealand, Peru, Argentina, Uruguay, Egypt, Indonesia, Mexico), governments and universities providing key policy advice on a wide array of topics ranging from macroeconomics and growth policies, to pension systems and capital market reforms, institutional organization and policy design.
Dr Schmidt-Hebbel holds a PhD in Economics from the Massachusetts Institute of Technology, under Paul Krugman?s direction, and a MA in Economics from the Catholic University of Chile. A national of both Germany and Chile, Dr Schmidt-Hebbel has been widely published in the field of capital market development, monetary policies, pension systems and reforms.