Imperial College Business School
David Miles is Professor of Financial Economics at Imperial College Business School. Between May 2009 and September 2015, he was a member of the Monetary Policy Committee at the Bank of England. His current research focuses on the setting of monetary policy in the wake of the financial crash and explores the nature of unconventional policy and the links to financial stability.
He has been a specialist economic adviser 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 was Chief UK Economist at Morgan Stanley from October 2004 to May 2009. He is a research fellow of the Centre for Economic Policy Research and at the CESIFO research institute in Munich. He is a former editor of Fiscal Studies.