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Jagjit is Professor of Economics at the Faculty of Economics at the University of Cambridge. He served as Director of the National Institute of Economic and Social Research (NIESR) from May 2016 and December 2024. Previously he was Professor of Economics at the University of Kent and Professor of Economics at the University of St Andrews, and Fellow at Clare College, Cambridge. He has worked at the Bank of England on Monetary Policy and as Chief Quantitative Economist at BNP Paribas. Has was Chair of the Money, Macro, Finance Study Group 2012-17). He has acted as Specialist Adviser to the House of Commons Treasury Committee and academic adviser to the Bank of England and HM Treasury, and to many central banks, as well as the Bank for International Settlements. In the City of London he was the Mercers’ Memorial Professor of Commerce at Gresham College from 2014-2018. He was a member of the ESRC research panel until 2021, sat on the REF21 panel, the 2070 Commission, and the Royal Economic Society Council. He gave the Royal Economic Society Public Lecture in 2022 on Monetary Policy. In the 2021 Queen’s Birthday Honours he was awarded an OBE for his services to economics and economic policy and in 2025 he was elected a Founding Fellow of the Royal Economic Society.
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VoxEU Column

COVID-19 crisis: Fiscal policy should lead and the Bank of England should follow for the duration of the crisis

    ![](../../../../../../../../../../var/folders/34/zq18d8kx7kbgby0j06p_j6t40000gn/T/TemporaryItems/NSIRD_screencaptureui_EM2XPo/Screenshot 2022年01月04日 at 17.01.16.png)
  • COVID-19
  • ![](../../../../../../../../../../var/folders/34/zq18d8kx7kbgby0j06p_j6t40000gn/T/TemporaryItems/NSIRD_screencaptureui_EM2XPo/Screenshot 2022年01月04日 at 17.01.16.png)
  • Monetary Policy
Time for the UK’s ‘budgetarians’ to make way for some proper fiscal policy
VoxEU Blog/Review

Time for the UK’s ‘budgetarians’ to make way for some proper fiscal policy

    ![](../../../../../../../../../../var/folders/34/zq18d8kx7kbgby0j06p_j6t40000gn/T/TemporaryItems/NSIRD_screencaptureui_EM2XPo/Screenshot 2022年01月04日 at 17.01.16.png)
  • Europe's nations and regions
  • ![](../../../../../../../../../../var/folders/34/zq18d8kx7kbgby0j06p_j6t40000gn/T/TemporaryItems/NSIRD_screencaptureui_EM2XPo/Screenshot 2022年01月04日 at 17.01.16.png)
  • Taxation

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