David Miles's picture
Affiliation: 
Imperial College
Credentials: 
Professor of economics

Voting history

Brexit and financial market volatility

======================================================================

Question 1: The value of the pound fell sharply this week. Do you agree that the public debate on Brexit can be expected to (continue to) lead to a substantially higher level of exchange rate volatility in the upcoming months?

======================================================================

Answer:
Agree
Confidence level:
Confident

Autumn Statement & Charter for Budgetary Responsibility

======================================================================

Question 2: Do you agree that the Charter for Budgetary Responsibility is helpful in underpinning the credibility of fiscal policy?

======================================================================

Answer:
Neither agree nor disagree
Confidence level:
Confident
Comment:
Once again fiscal rules that make no distinction between capital and current spending are hard to interpret.

======================================================================

Question 1: The Chancellor forecasts a cyclically adjusted fiscal surplus by 2017-18 and in cash terms by 2019-20. Do you agree that this planned path of fiscal consolidation is appropriate?

======================================================================

 

Answer:
Neither agree nor disagree
Confidence level:
Confident
Comment:
Targets which don't distinguish between capital and current spending are not easy to interpret.

China’s growth slowdown: likely persistence and effects

======================================================================

Question 2:

Do you agree that if the Chinese slowdown turns out to be persistent, it will have a significant impact on UK growth (say, in the order of a few tenths of a percentage point) and/or it will justify a material change in monetary policy (for example, in terms of the timing and speed of a return to ‘normal’ interest rates) and fiscal policy (for example, in terms of the timing and speed of fiscal contraction).

Answer:
Strongly Disagree
Confidence level:
Confident

======================================================================

Question 1:

Do you agree that the Chinese economy is likely (say more than 50% probability) to maintain in the medium term (say, for at least ten years) a rate of annual growth exceeding 6%.

======================================================================

 

Answer:
Disagree
Confidence level:
Confident

Pages