Professor David Cobham

Professor of Economics


My main research area is monetary policy, in particular how monetary policy decisions are taken and why. For much of my career that was focused on the UK, but I have also worked on France and Italy. In the last few years I have been engaged in a major project of classification of monetary policy frameworks.

Areas of interest

  • Monetary policy, in UK, Europe and elsewhere
  • narrative approach
  • inflation targeting
  • exchange rate targeting
  • financial systems
  • Middle East economies
  • Islamic banking.


  • 1973 BA (Econ), University of Manchester
  • 1974 MA (Econ), University of Manchester
  • 1982 PhD, University of Manchester


I was lecturer, then senior lecturer and finally reader at the University of St Andrews, from 1976 to 2005 (too long for the individual and for the institution).

Recent publications

View all publications on Research Portal External link