Stephen Nickell

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Stephen Nickell (born 25th April 1944) was a member of the Bank of England's Monetary Policy Committee (MPC) from June of 2000 to May 2006, when he was replaced by David Blanchflower effective in the June 2006 meeting. [1]

In his final six meetings on the MPC, Nickell was the only member in favor of a decrease in the repo rate by 25 basis points; all the other members voted to maintain the repo rate at 4.5%,[1] [2] [3] [4] [5] with the exception of David Walton who supported an increase by 25 basis points in Nickell's final meeting. [6]

Nickell took up the post as Warden of Nuffield College, Oxford in 2006 and was awarded a CBE in the 2007 New Year's Honours List for services to economics. Elected a Fellow of the British Academy in 1993, a Fellow of the Econometric Society in 1980, a Foreign Honourary Member of the American Economic Association in 1997 and a Foreign Honourary Member of the American Academy of Arts and Sciences in 2006.

  1. ^ Blanchflower to replace Bank's Nickell. Reuters. March 22, 2006.
The Bank of England's Monetary Policy Committee
Governor: Sir Edward George (June 1997–June 2003)
June 2000-September 2000: George | King | Plenderleith | Clementi | Julius | Vickers | Wadhwani | Allsopp | Nickell
October 2000-May 2001: George | King | Plenderleith | Clementi | Julius | Wadhwani | Allsopp | Nickell | Bean
June 2001-May 2002: George | King | Plenderleith | Clementi | Wadhwani | Allsopp | Nickell | Bean | Barker
June 2002: George | King | Clementi | Allsopp | Nickell | Bean | Barker | Tucker
July 2002-August 2002: George | King | Clementi | Allsopp | Nickell | Bean | Barker | Tucker | Bell
September 2002: George | King | Allsopp | Nickell | Bean | Barker | Tucker | Bell
October 2002-May 2003: George | King | Allsopp | Nickell | Bean | Barker | Tucker | Bell | Large
June 2003: George | King | Nickell | Bean | Barker | Tucker | Bell | Large | Lambert
Governor: Mervyn King (June 2003–present)
July 2003-June 2005: King | Nickell | Bean | Barker | Tucker | Bell | Large | Lambert | Lomax
July 2005-January 2006: King | Nickell | Bean | Barker | Tucker | Large | Lambert | Lomax | Walton
February 2006-March 2006: King | Nickell | Bean | Barker | Tucker | Lambert | Lomax | Walton | Gieve
April 2006-May 2006: King | Nickell | Bean | Barker | Tucker | Lomax | Walton | Gieve


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