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SUMMARY:St Catharine's Political Economy Seminar Series - Speaker: David M
 iles - David Miles\, ~Imperial College
DTSTART:20161102T180000Z
DTEND:20161102T193000Z
UID:TALK68013@talks.cam.ac.uk
CONTACT:Philippa Millerchip
DESCRIPTION:*Talk Title*: "Real Estate and the Financial Sector in the Sho
 rt and Long Term"\n\nThe next St Catharine's Political Economy Seminar in 
 the series on the Economics of Austerity\, will be held on Wednesday 2 Nov
 ember 2016 – David Miles will give a talk on "Real Estate and the Financ
 ial Sector in the Short and Long Term". The seminar will be held in the Ra
 msden Room at St Catharine's College from 6.00-7.30 pm. All are welcome. T
 he seminar series is supported by the Cambridge Journal of Economics and t
 he Economics and Policy Group at the Cambridge Judge Business School.\n\n*
 Speaker*:\nDavid Miles is Professor of Financial Economics at Imperial Col
 lege\, London. He was a member of the Monetary Policy Committee at the Ban
 k of England between May 2009 and September 2010.  As an economist he has 
 focused on the interaction between financial markets and the wider economy
 .  He was Chief UK Economist at Morgan Stanley from October 2004 to May 20
 09. In 2004 he led a government review of the UK mortgage market.  He is c
 urrently undertaking a review for the UK Treasury on reference prices of U
 K government bonds. He is a research fellow of the Centre for Economic Pol
 icy Research and at the CESIFO research institute in Munich.  He is Chair 
 of the Board of Trustees of the Institute for Fiscal Studies. He was award
 ed a CBE in December 2015.\n \n*Talk Overview*:\nDavid Miles will talk on 
 why house prices in the UK are so high. Can prices and mortgage debt conti
 nue to rise? Is the variability of commercial property prices linked to va
 riations in the availability of bank finance? David Miles will explore the
 se issues and consider how the property landscape in the UK might play out
  over the longer term. \n\nPlease contact the seminar organisers Philip Ar
 estis (pa267@cam.ac.uk) and Michael Kitson (m.kitson@jbs.cam.ac.uk) in the
  event of a query.
LOCATION:The Ramsden Room\, St Catharine's College
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