Peter Spencer is Professor of
Monetary Economics at Birkbeck
College, London and Economic
Adviser to the Ernst & Young ITEM
Forecasting Club. He started his
career as an economic adviser at
HM Treasury and has spent 10 years
working in the City. His publications
include two books on monetary policy
and financial regulation, published by
the Oxford University Press. His
research interests currently include
asset pricing models and the term structure, monetary aggregation and
the macroeconomic effects of the new
technology industries.