Professor John Muellbauer is a Senior Research Fellow of Nuffield College and a Senior Fellow of the Institute for New Economic Thinking at the Oxford Martin School. He is a Fellow of the British Academy and of the Econometric Society. He is best known for his work on household economics, housing markets, and on finance-real economy interactions. He has worked with many central banks and the OECD and is a frequent contributor to CEPR’s VoxEU columns.
Together, we discussed how booming house and land prices can distort productivity, deepen inequality, and shape the wider economy through banking and credit cycles.