NUS and MAS appoint Michael Weber to economics and finance term professorship

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NUS and MAS appoint Weber

Highlights

Michael Weber is appointed MAS Term Professor in Economics and Finance at NUS and MAS from 15 to 28 November 2026.
Weber will deliver a public NUS lecture on 17 November 2026, focusing on household inflation expectations, monetary policy, and central bank communication.
Weber, recipient of the 2026 Alexander von Humboldt Professorship, brings research relevant to central bank communication and expectation formation in policy and finance.

November professorship and academic programme

As reported by Monetary Authority of Singapore, citing the Monetary Authority of Singapore, Weber is appointed as the MAS Term Professor in Economics and Finance from 15 to 28 November 2026, and is hosted by the NUS Business School's Department of Finance and MAS's Economic Policy Group.

Weber is a professor of finance at the Mitch Daniels School of Business at Purdue University and at ESMT Berlin, where he serves as academic director of the European Expectations Center. He also advises several central banks and policy institutions, including the Deutsche Bundesbank, the Bank for International Settlements, and the Federal Reserve Banks of Cleveland and Dallas, while holding research affiliations with NBER and CEPR.

During the term, he is scheduled to deliver a public lecture at NUS on 17 November 2026 titled, "Subjective Expectations: Models meet Reality". He is also due to give a seminar at MAS and engage senior policymakers and economists on household inflation expectations, monetary policy and central bank communication.

Relevance for policy and finance research

Weber's research spans macroeconomics, household finance, asset pricing and international finance, with a focus on how economic expectations shape decisions by households and firms. His work appears in leading journals including the American Economic Review, Econometrica and the Journal of Political Economy, and in 2026 he receives the Alexander von Humboldt Professorship, Germany's highest endowed research prize.

NUS Business School Dean Teo Chung Piaw says Weber's work connects core economic questions with issues affecting businesses and society by examining how price experiences influence expectations and spending decisions. MAS Deputy Managing Director for Economic Policy and Chief Economist Edward Robinson says the research is especially relevant for central banks seeking a deeper understanding of expectation formation and more effective communication with the public.

MAS adds that Weber's appointment marks his return for further engagement after his participation in the 10th Asian Monetary Policy Forum in 2023. The institution describes the visit as an opportunity to deepen exchanges on the implications of his research for monetary policy.

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