Professor John Fender

Professor John Fender

The Department of Economics
Professor of Macroeconomics
Leader of the Macroeconomics and Finance Research Group

Contact details

John Fender has been at the University of Birmingham since 1992 and Professor of Macroeconomics since 1998. He is leader of the Macroeconomics and Finance Research Group and Deputy Head of Department. His main current research interest is in analysing the effects of fiscal consolidation programmes. He published a book on Monetary Policy in 2012.

John Fender CV


MA, MPhil, DPhil (Oxford)


Econ G25 (Macroeconomics). I teach the macroeconomics component of this course.

Econ 318 (Open Economy Macroeconomics)

Postgraduate supervision

  • Charles Rahal
  • Marea Sing
  • Sofia Amaral (2nd supervisor)
  • Juste Abramovaite (2nd supervisor)
  • Martha Omolo



Macroeconomics and Finance


Fiscal policy: the effects of fiscal consolidation policies; stock market behaviour with rational and irrational agents; franchise extension (including female emancipation); monetary policy.

Other activities

MY LINKS:Personal Homepage

I am leader of the Macroeconomics and Finance Research Group. In this capacity I helped to organise a two-day conference in Birmingham in May 2014. For further details see:



‘Public Sector Capital and the Transition from Dictatorship to Democracy’, (with C.J. Ellis), Manchester School, 82(3), June 2014, pp. 322 – 346.

‘A Further Contribution towards Explaining why Disinflation through Currency Pegging may Cause a Boom: the Role of Forward-Looking Wage Setting’, (with N. Rankin), Journal of International Money and Finance, 30, April 2011, pp. 516 - 536. 

‘Information Cascades and Revolutionary Regime Transitions’, (with C.J. Ellis), Economic Journal, 121 (553), June 2011, pp. 763 - 792.

‘Riots, Revolutions, Democratisation and Information Cascades’, (with C.J. Ellis), VoxEU, 26 October 2011. 

‘Altruism and Economics’, in Encyclopedia of Applied Ethics, second edition, (edited by R. Chadwick), Academic Press, 2012.

Monetary Policy, Wiley, February 2012.

‘In (Partial) Defence of Fiscal Austerity’, Royal Economic Society Newsletter,159, October 2012, pp. 15 – 17 and p. 22.

‘In (Partial) Defence of Fiscal Austerity’ (revised version), The Business Economist, 2013, 44(2), July 2013, pp. 6 – 17. (The Society of Business Economists published this after shortlisting it for the Rybczynski prize.)

‘Public Sector Capital and the Transition from Dictatorship to Democracy’, (with C.J. Ellis), Manchester School, published online August 2013.


The current economic situation; government debt; budget deficit; inflation; monetary policy; interest rates; recession; unemployment; local government finance; council tax; housing; ethical issues and economics; stock market; immigration; credit crunch; exchange rates; economic aspects of crime and education

Media experience

John is an experienced media commentator on a wide range of issues related to the UK economy from interest rates to government debt.

Related media experts

Alternative contact number available for this expert: contact the press office