John Muellbauer

Professor John Muellbauer is a Senior Research Fellow at Nuffield College and Professor of Economics at the University of Oxford. He co-directs the Macroeconomics and Finance Programme at the Institute for New Economic Thinking (INET) Oxford Martin School. His work bridges household economics, housing markets, and finance-real economy interactions, with a focus on credit channels and monetary transmission mechanisms.

• Education: B.A. from Cambridge University, Ph.D. from UC Berkeley
• Former roles: Professor at Birkbeck College (London), Lecturer at Warwick University

His research emphasizes systems approaches to consumption, house prices, and debt, critiquing conventional central bank models. Recent work includes international house price cycles (Journal of Economic Literature, 2021) and ECB policy model critiques (2022). He collaborates with central banks globally and contributes to macroprudential policy frameworks.

Scientific awards include the 2014 Kendrick Prize for his work on credit and housing markets. He is a Fellow of the British Academy, Econometric Society, and European Economic Association, and a CEPR Research Fellow.

Policy engagement spans HM Treasury, OECD, Swedish Prudential Authority, and the Resolution Foundation. He advocates for a Green Land Value Tax to address UK housing challenges and frequently contributes to VoxEU debates.