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256:. According to the Bank of England, "As an economist he has focused on the interaction between financial markets and the wider economy.". In December 2020 he was appointed to the main board ("The Commission") of the central Bank of Ireland. He was appointed to the Budget Responsibility Committee of the
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From June 2009 to August 2015 Miles served on the Bank of
England's Monetary Policy Committee. In 2011 he published a detailed study of the appropriate balance sheet structure of banks to avoid a repeat of the financial crisis ("Optimal Bank Capital"). He concluded that the Basel III agreements on
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In 2016 he was appointed by Her
Majesty's Treasury to advise on the measurement and reporting of yields on UK government debt. His report was completed in October 2016 and is being implemented. He was Chair of the board of trustees of the Institute for Fiscal Studies until December 2021 when he
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market is not as popular a product in
Britain as in other countries. His report states: "A great many borrowers focus on the initial cost of debt and do not seem to consider carefully how those payments might change relative to their incomes". Much of Miles's academic research has focused on
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In 2009 he was asked, along with Gerald
Holtham and Professor Berndt Spahn, to serve on a Commission established by the Welsh Assembly Government to investigate the scope for the Welsh Assembly to have greater fiscal autonomy. The Holtham Commission reported in July 2010.
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capital requirements for banks set the standard for equity at only about half its appropriate level. In 2012 he began a second term with the
Monetary Policy Committee.
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He was
President of the economics section of the British Science Association (BSA) for 2015. He was appointed
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housing, pensions, monetary policy, asset pricing and ways to make the financial system more stable.
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took up his position at the OBR. He is a trustee of the Centre for
Economic Policy Research.
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Miles to replace
Blanchflower on Bank of England monetary policy committee
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Miles predicted a substantial fall in real house prices in
November 2006.
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404:(3rd ed.). Chicester, West Sussex: John Wiley and Sons, Inc.
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from the article and its talk page, especially if potentially
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bank from
October 2004 to May 2009. He was appointed to the
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Professor David Miles: Monetary Policy Committee Member
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Miles, David; Scott, Andrew; Breedon, Francis (2012).
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Macroeconomics: Understanding the Wealth of Nations
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295:From 2004 to 2009 Miles was Chief UK Economist of
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402:Macroeconomics: Understanding the Global Economy
337:Housing, Financial Markets and the Wider Economy
283:In 2003 Miles produced a report for the British
268:Miles was born in 1959, and was educated at the
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385:(2nd ed.). Chichester, England: Wiley.
366:. Oxford New York: Oxford University Press.
315:Commander of the Order of the British Empire
548:(Supplement). 30 December 2015. p. N9.
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63:about living persons that is unsourced or
134:Learn how and when to remove this message
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287:to examine why the long-term fixed rate
19:For other people named David Miles, see
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339:. Chichester England New York: Wiley.
928:People educated at Bishop Gore School
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181:1 June 2009 – 31 August 2015
943:Alumni of University College, Oxford
913:Academics of Imperial College London
381:Miles, David; Scott, Andrew (2005).
276:, Nuffield College, Oxford, and the
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948:Alumni of Nuffield College, Oxford
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362:The Economics of Public Spending
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232:(born 1959) is a British
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526:"Optimal Bank Capital"
488:, accessed 15 July 2009
358:; Preston, Ian (2003).
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238:Imperial College London
55:Please help by adding
335:Miles, David (1994).
319:2016 New Year Honours
578:Miles Report: Part 3
571:Miles Report: Part 2
564:Miles Report: Part 1
514:, 22 November 2006,
61:Contentious material
923:People from Swansea
737:Christopher Allsopp
225:David Kenneth Miles
908:British economists
742:David Blanchflower
545:The London Gazette
270:Bishop Gore School
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647:Catherine L. Mann
484:Bank of England,
446:, 19 March 2009,
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707:Andrew Large
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652:Dave Ramsden
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837:Paul Fisher
827:Mervyn King
817:Mark Carney
812:Marian Bell
802:Kate Barker
752:David Miles
540:"No. 61450"
197:(2013–2015)
195:Mark Carney
192:(2003–2013)
190:Mervyn King
152:David Miles
902:Categories
877:Tim Besley
792:John Gieve
697:Adam Posen
470:6 February
420:References
211:Profession
94:newspapers
702:Alan Budd
432:Debrett's
234:economist
214:Economist
177:In office
124:July 2022
46:citations
657:Huw Pill
289:mortgage
186:Governor
72:libelous
108:scholar
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368:ISBN
341:ISBN
264:Life
87:news
48:for
511:BBC
229:CBE
156:CBE
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