James Banks appointed Trustee of the Nuffield Foundation

18 January 2013

The Nuffield Foundation is pleased to announce the appointment of Professor James Banks to its Board of Trustees.

Professor Banks is Professor of Economics at the University of Manchester and Deputy Research Director at the Institute for Fiscal Studies (IFS).

Professor Banks has a PhD in Economics from University College London (UCL). He joined IFS in 1990 and led its research into consumption and savings from 1992-1999. He was appointed Deputy Director there in 1997, changing roles five years later to become Deputy Research Director, alongside a new role as Professor of Economics at UCL. He took up his current post at the University of Manchester in 2010, and splits his time between this role and his work for IFS.

His own research focuses on empirical modelling of individual economic behaviour over the life-cycle, with particular focus on consumption and spending patterns, saving and asset accumulation, pensions, retirement and housing dynamics. He has also worked extensively with researchers from other disciplines on broad issues in the economics of ageing, such as health, physical and cognitive functioning at older ages and their association with socioeconomic status and labour market outcomes.

James is Co-Principal Investigator of the English Longitudinal Study of Ageing, Co-Director of the ESRC Centre for the Microeconomic Analysis of Public Policy, and chair of the Understanding Society Scientific Advisory Committee.

Professor David Rhind CBE FRS Hon FBA, Chairman of the Nuffield Foundation, said:

“I am delighted to announce the appointment of Professor Banks as a Trustee of the Nuffield Foundation. Professor Banks brings a wide range of interests complementary to our own, and a deep appreciation of research methods across the social sciences. Perhaps as important, he brings a genuine enthusiasm for our work across the piece, from maths in schools to the economics of ageing, and for how we might encourage practical experiments and policy trials as well as research.”

Professor Banks said:

“As an economist and a social researcher, I share the Nuffield Foundation’s belief that rigorous research evidence can and should have a positive impact on our social institutions and services. I look forward to working with fellow Trustees and staff to help the Foundation succeed in its goal of ensuring that the right sort of evidence is available, and that it is used to best effect to improve public discussion and to inform the evaluation and design of policy.”

James has been appointed by the Nuffield Foundation’s Board of Trustees and will serve an initial term of five years. He will play no role in decision-making on any funding applications from the IFS, in keeping with the Foundation’s conflict of interest policy.