Management School’s professor awarded Bank of England’s Senior George Fellowship

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Management School’s professor awarded Bank of England’s Senior George Fellowship - Oliver De Groot

Chair in Macroeconomics and Head of the School’s Economics Group, Professor Oliver De Groot, has been awarded with a Senior George Fellowship at the Bank of England (BoE) for the academic year 2024-25.

During the fellowship, Oliver will reside at the BoE working as part of a collaborative project with the bank’s researchers, to study the nexus between monetary policy gradualism and financial stability.

The prestigious George Fellowship is awarded to expert researchers with high quality proposals which contribute to further the understanding of the working, interaction and function of financial business institutions in the UK and elsewhere, and the economic conditions affecting them.

Oliver’s research proposal addresses current problems in economics and finance of particular interest for the BoE, especially in the current context of economic uncertainty caused by geopolitical factors and high inflations triggered by supply shocks.

This is part of a wider funding initiative which includes other sources of funding, such as the Houblon Norman Fund, aimed at supporting and furthering the BoE’s research agenda.

Oliver is a macroeconomist specialised in monetary economics, macro-finance, asset pricing and computational methods, with publications in leading academic journals, such as Econometrica, The Economic Journal, Journal of Monetary Economics and Quantitative Economics.

Alongside his long-established relationship with the BoE, Oliver has held visiting and/or consulting positions at the Bank of Finland, Narodowy Bank Polski, National Bank of Kazakhstan and International Monetary Fund.

He has also collaborated with economists at the European Central Bank to develop a toolkit to assist central banks’ monetary policy decisions with optimal projections.