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Academic and Policy Board

Board Members

David F. Hendry, Chairman

Stephen R. Bond

Robert Chote

Paul D. Klemperer



Robert Chote


Robert Chote is a Member of the Academic and Policy Board. Mr. Chote is Director of the Institute for Fiscal Studies in London. Governor of the National Institute of Economic and Social Research, Mr. Chote was formerly an adviser to the First Deputy Managing Director of the International Monetary Fund and Economics Editor of the Financial Times. He has carried out consultancy work for organizations including the United Nations and Commonwealth Secretariat. Mr. Chote was educated in Cambridge and at City University in the UK, and at Johns Hopkins University in the US. His interests includes fiscal and monetary policy, welfare state design, distributional issues and International Finance.

David F. Hendry is Chairman of the OXONIA Academic and Policy Board. Professor of Economics and Head of the Economics Department, University of Oxford, he is also an Official Fellow at Nuffield College, a Fellow of the British Academy, the Royal Society of Edinburgh, and the Econometric Society, Honorary Vice-President of the Royal Economic Society and Foreign Honorary Member of the American Academy of Arts and Sciences and the American Economic Association. Previously a Professor of Econometrics at the London School of Economics, Professor Hendry gained an MA in Economics at the Aberdeen University, an M.Sc. and a Ph.D. in Econometrics at the London School of Economics. Professor Hendry has pioneered research on the theory and the methodology of econometric modeling and forecasting.

Stephen R. Bond


Stephen R. Bond is a Member of the Academic and Policy Board. Dr. Bond is Visiting Professor of Economics at the University of Oxford and Programme Director at the Institute for Fiscal Studies, London, where he is also Deputy Director of the ESRC Research Centre for the Microeconomic Analysis of Public Policy (CPP). Professor Bond gained a BA Economics, King's College, Cambridge, an MPhil Economics, Nuffield College, Oxford, and a PhD Economics, Wadham College, Oxford. His research interests include Microeconometrics and Public Economics, Investment and Financial Behaviour of Firms, Corporate Taxation, and Econometric Methods for Panel Data. Professor Bond is a leading authority in his fields of expertise.

Paul D. Klemperer


Paul D. Klemperer is a Member of the Academic and Policy Board. Dr. Klemperer is Edgeworth Professor of Economics at Oxford University. He is also a Member of the U.K. Competition Commission, and has advised the U.S. Federal Trade Commission, the European Commission, and several other government agencies and private companies; he was the principal auction theorist advising the U.K. government on its "3G" mobile-phone license auction that raised £22 billion. A Fellow of the British Academy and of the Econometric Society, and Member of the Executive Committee, and Council, of the Royal Economic Society, he is also a Member of Council of the European Economic Association, and the Econometric Society. He gained a BA in Engineering at Cambridge University, and an MBA and a PhD in Economics at Stanford University. He is a world-renowned expert in industrial organization and auctions; he is past or present Editor or Associate Editor of 10 economics journals, and has authored numerous publications including, most recently, Auctions: Theory and Practice (Princeton, 2004).

John Muellbauer


John Muellbauer is a Member of the Academic and Policy Board. Dr. Muellbauer is Professor of Economics and an Official Fellow of Nuffield College. A Fellow of the British Academy and of the Econometric Society, he was previously Professor of Economics at Birkbeck College, London. Professor Muellbauer’s research interests span consumer behaviour, macroeconomics and the interactions of housing and credit markets and the economy. In these fields, Professor Muellbauer has published on the most renowned academic journals. He has advised Her Majesty’s Treasury on the “Five Economic Tests” study for the potential adoption of the euro by the U.K. Another major research theme in recent years has been monetary policy transmission and formation in emerging economies.

John Muellbauer

David Vines


David Vines is a Member of the Academic and Policy Board. Dr. Vines is Professor of Economics in the Economics Department, Oxford University and a Fellow of Balliol College, Oxford. His interests span through international macroeconomics, the reform of the international financial architecture and monetary economics, fields in which he has widely published. Formerly a Houblon-Norman Senior Fellow at the Bank of England, he has advised a number of international organisations and governmental bodies. Professor Vines was awarded a PhD in Economics by Cambridge University.

David F. Hendry

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Colin Mayer


Colin Mayer is a Member of the Academic and Policy Board.  Dr. Mayer is Peter Moores Professor of Management Studies (Finance) at the Saïd Business School, University of Oxford, where he is the Director of the Oxford Financial Research Centre, and Fellow of Wadham College. He is also Director of the Oxford Economic Research Associates Ltd (OXERA), Honorary Fellow of St. Anne's College, Oxford University, and member of the editorial board of numerous economics and finance journals. He was formerly Professor of Economics and Finance at Warwick University Business School, and Professor of Corporate Finance at City University Business School. Born in 1953, Professor Mayer gained a BA in Engineering Science and Economics and a PhD in Economics at the University of Oxford. Professor Mayer is a leading authority in Corporate Finance, Taxation and Regulation of Financial Markets.

Dennis Snower


Dennis Snower is a Member of the Academic and Policy Board. Dr. Snower is Professor of Economics at Birkbeck College, University of London. He is also Fellow of the Royal Society of Arts and Research Fellow at IZA, Institute for the Study of Labor, Bonn. He has previously worked and taught at Columbia University, the University of Stockholm, the University of Jerusalem, the International Monetary Fund, and the European University Institute. Born in 1950 Professor Snower gained a BA in Mathematics from New College, Oxford University, an MA and a PhD at Princeton University. Professor Snower is a world-renowned expert on Labor Economics.

Colin Mayer

John Muellbauer

Dennis Snower

David A. Vines