Prior to this he was an economist at the International Monetary Fund (IMF) in Washington from 1976 to 1981.
[5] In 2019, Thorvaldur was offered the position of editor of the academic journal Nordic Economic Policy Review, but the offer was retracted after the Ministry of Finance mistakenly assumed he still held the position of chairman of the Iceland Democratic Party, the assumption being based on outdated information on Thorvaldur's Wikipedia page.
[8] In the field of economics, Thorvaldur Gylfason has published numerous books, scientific papers in international journals and scholarly articles in his native Icelandic.
He co-authored a book on the market economy that has been translated into seventeen languages, including Russian and Chinese.
[9] Þorvaldur has written regular columns on a wide range of subjects in the Icelandic newspaper Fréttablaðið since the early 2000s.