Dr Michael Oliver
Senior Lecturer In Finance
The Open University Business School
Biography
Professional biography
Michael J. Oliver is a Senior Lecturer in the Department of Accounting and Finance. He has spent almost thirty years teaching at various universities in the UK, France and US. He also provides executive education, workshops and a broad range of consultancy in the public and private sectors.
Research interests
Michael’s research agenda has focused primarily on financial history with a particular emphasis on monetary and exchange rate policy. A core theme of his research is the conflict between domestic and external policy goals and how policymakers have struggled to reconcile these. He has written articles, chapters and books on financial crises, the international monetary system, exchange rate regimes and economic policy. His areas of expertise include monetary history, liquidity in financial markets, financial crises, economics of small island states and family offices and UHNWIs.
Teaching interests
Monetary policy; economic history; macroeconomics; wealth management
Publications
Book
Economic Disasters of the Twentieth Century (2007)
The liquidity theory of asset prices (2006)
Studies in Economic and Social History: Essays Presented to Professor Derek Aldcroft (2002)
Monetarism under Thatcher – Lessons for the Future (2001)
Trade Unions and the Economy: 1870–2000 (2000)
Book Chapter
Jersey, a Small Island International Finance Center Adapting to Survive (2015)
The long road to 1981: British money supply targets from DCE to the MTFS (2014)
Economic history and the international political economy (2009)
Researching contemporary monetary history (2009)
From fixed to floating rates: the British experience, 1964–1972 (2008)
Journal Article
Nonmonetary and monetary explanations for inflation: the UK in the 1970s (2024)
‘“The capital market is dead”: The difficult birth of index-linked gilts in the UK’ (2020)
A small island territory moving down the 'development ladder'?: a case study of Jersey (2019)
The two sterling crises of 1964: a comment on Newton (2012)
The management of sterling, 1964–67 (2011)
Now is the time for quantitative easing (2009)
Sterling in crisis, 1964–67 (2009)
The danger of asset price inflation (2008)
Downhill from devaluation: The battle for sterling, 1967–1972 (2007)
To the Rescue of National Parliaments: A Reply to Raunio (2006)
National Parliaments in the European Union: Are There Any Benefits to Integration? (2005)
Mapping pedagogy and tools for effective learning design (2004)
Learning and Change in 20th-Century British Economic Policy (2004)
In search of a nominal anchor (2001)
Monetary targets: an unfinished experiment (1999)
The Macroeconomic Policies of Mr Lawson (1999)
From Anodyne Keynesianism to Delphic Monetarism: Economic Policy-making in Britain, 1960-79 (1998)
The Conservative Years – Evolution or Revolution? (1997)
Whatever Happened to Monetarism? A Review of British Exchange Rate Policy in the 1980s (1997)
Social learning and macroeconomic policy–making in the United Kingdom since 1979 (1996)
