Martin Weale

Martin Weale is Professor of Economics at King's Busines School. Martin graduated in 1977 in Economics from Clare College, Cambridge. On graduating he took up an Overseas Development Institute Fellowship at the National Statistics Office in Malawi. He returned to Cambridge in 1979 to work on economic modelling projects directed by Sir Richard Stone and Professor James Meade, before becoming an Assistant Lecturer in 1987 and subsequently a Lecturer in the Faculty of Economics and Politics. He was elected a Fellow of Clare College in 1981.

In 1986-7 Martin held a Houblon-Norman Fellowship at the Bank of England. He became Director of the National Institute of Economic and Social Research in 1995, holding the post until he joined the Bank of England’s Monetary Policy Committee in 2010. He took up his Chair at King's after completing a second three-year term as an external member of the Committee. He was appointed Commander of the British Empire in 1999 and received the degree of ScD from Cambridge University in 2006. In 2007 City University awarded him the honorary degree of DSc.

Martin is an applied economist with an interest in macro-economic and micro-economic problems. Recent work includes exploring the effects of the Bank of England’s asset purchase programme and an exploration of the relationship between the education of parents and that of their children. In 2016 he joined the Office for National Statistics Panel of Economics Experts and he is currently developing work on democratic measures of economic performance.

Publications

• A Democratic Measure of Household Income Growth: Theory and Application to the United Kingdom 18 December 2019
• Firms' Price, Cost and Activity Expectations: Evidence from Micro Data 27 November 2019
• This Blessed Plot: When should Capital Gains on Land be regarded as Income? 07 January 2019
• Intergenerational and inter-ethnic mental health: an analysis for the UK 27 September 2018
• How does financial liberalisation affect the influence of monetary policy on the current account? 29 March 2018
• Education and its Effects on Income and Mortality of Men aged Sixty-five and over in Great Britain 01 April 2014
• Who fared better? The fortunes of performance pay and fixed pay workers through recession 01 December 2017
• What are the macroeconomic effects of asset purchases? 01 May 2016
• The effect of unconventional monetary policy on inflation expectations: Evidence from firms in the United Kingdom 01 September 2016