Prominent US finance scholar Professor Michael Weber has been appointed the Monetary Authority of Singapore Term Professor in Economics and Finance from 15 to 28 November 2026.
During his visit, Professor Weber will be jointly hosted by the Department of Finance at the National University of Singapore Business School and the Economic Policy Group of the Monetary Authority of Singapore.
The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) announced the appointment in a joint statement on Friday (13 November).
Professor Weber’s research spans macroeconomics, household finance, asset pricing and international finance, with a particular focus on how economic expectations shape the decisions of households and businesses.
His published research has explored questions including “Why do we always feel that prices are rising?”, “Why do ordinary households invest in cryptocurrencies?” and “Will AI take away jobs or create more opportunities?”
Professor Weber is a professor of finance at Purdue University’s Mitch Daniels School of Business in the US and ESMT Berlin in Germany. He also serves as academic director of the European Expectations Centre.
He is also a research associate at the US National Bureau of Economic Research and a research fellow at the Centre for Economic Policy Research. He has served for many years as an academic adviser to central banks and policy institutions, including the Deutsche Bundesbank, the Bank for International Settlements, and the Federal Reserve Banks of Cleveland and Dallas.
His research has been published extensively in leading journals, including the American Economic Review (《美国经济评论》), Econometrica (《计量经济学》) and the Journal of Political Economy (《政治经济学杂志》).
In 2026, he was also awarded an Alexander von Humboldt Professorship, Germany’s most generously funded research award.
Commenting on the appointment, NUS Business School Dean Professor Andrew K. Rose said Professor Weber’s research had deepened understanding of how everyday experiences of prices and uncertainty influence economic decisions and spending. His work closely connects fundamental economic questions with the realities of business and society. Professor Rose said he looked forward to the fresh perspectives and opportunities for collaboration that the visit would bring to the school’s faculty and students.
MAS Deputy Managing Director (Economic Policy) and Chief Economist Edward Robinson said Professor Weber’s insights into households’ perceptions of inflation and how they form expectations were valuable to central banks in shaping policy and communicating effectively with the public.
