David Cobham

Professor of Economics at Heriot-Watt University

David Cobham is Professor of Economics at Heriot-Watt University in Edinburgh. He was Houblon-Norman Research Fellow at the Bank of England in 1987 and 2001. His main research interest is UK monetary policy, but he has interests in monetary policy and central bank independence in other countries, and a sideline interest in the Middle East. His book, The Making of Monetary Policy in the UK, 1975-2000, was published by Wiley in 2002. He was co-editor of Twenty Years of Inflation Targeting, CUP 2010, The Euro Area and the Financial Crisis, CUP 2011, and the spring 2013 issue of the Oxford Review of Economic Policy on the economic record of the 1997-2010 Labour government. His recent published papers include the exposition of the Comprehensive Monetary Policy Frameworks classification on which he has been working since 2016 (Oxford Economic Papers, 2021), and papers with Mengdi Song and Peter Macmillan which examine the choice of framework and economic performance under different frameworks (Journal of Policy Modeling, 2020 and 2022, Economic Modelling, 2021).