Author(s): by David Miles
Date published: Dec 2015
The 2015 SUERF Annual Lecture was delivered by Professor David Miles, Imperial College London, former Member of Monetary Policy Committee Bank of England on "Capital and Banks", in London during the SUERF Conference hosted by EY on Banking Reform.
David Miles is Professor of Financial Economics at Imperial College, London. He was a member of the Monetary Policy Committee at the Bank of England between May 2009 and September 2010. As an economist he has focused on the interaction between financial markets and the wider economy. He was Chief UK Economist at Morgan Stanley from October 2004 to May 2009. He has been a specialist economic advisor to the Treasury Select Committee. In Budget 2003, the Chancellor commissioned Professor Miles to lead a review of the UK mortgage market. The result, published at Budget 2004, was the report: "The UK mortgage market: taking a longer-term view". He is a council member of the Royal Economic Society, a research fellow of the Centre for Economic Policy Research and at the CESIFO research institute in Munich. From December 2015 he will be Chair of the Board of Trustees of the Institute for Fiscal Studies.