Singapore, 13 November 2026… The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed Professor Michael Weber as the MAS Term Professor in Economics and Finance from 15 to 28 November 2026. Professor Weber will be hosted by the NUS Business School’s Department of Finance and the Economic Policy Group at MAS during the term of the Professorship.

2 Professor Weber is Professor of Finance at the Mitch Daniels School of Business, Purdue University, and at ESMT Berlin, where he serves as Academic Director of the European Expectations Center. He is an academic consultant to several central banks and policy institutions, including the Deutsche Bundesbank, the Bank for International Settlements, and the Federal Reserve Banks of Cleveland and Dallas. He is also a Research Associate at the National Bureau of Economic Research (NBER) and a Research Affiliate at the Centre for Economic Policy Research (CEPR).

3 His research spans macroeconomics, household finance, asset pricing and international finance, with a particular focus on how economic expectations shape the decisions of households and firms. His work has appeared in leading economics and finance journals, including the American Economic Review, Econometrica and the Journal of Political Economy. In 2026, he received the Alexander von Humboldt Professorship, Germany’s most highly endowed research prize.

4 Professor Teo Chung Piaw, Dean of NUS Business School, said, “Professor Weber’s research deepens our understanding of how people make economic decisions—how everyday price experiences shape their expectations, and how uncertainty influences their spending. By combining rich data with carefully designed experiments, his work connects fundamental economic questions with issues that matter to businesses and society. We look forward to the fresh perspectives and opportunities for collaboration that his visit will bring to our faculty and students at NUS Business School.”

5 Mr Edward Robinson, Deputy Managing Director (Economic Policy) and Chief Economist, MAS, said, “Professor Weber’s research offers important insights into how households perceive inflation, form expectations and make everyday economic decisions. His work is particularly relevant to central banks which seek deeper understanding into expectation formations and effective communications with the public. We are pleased to engage with Professor Weber again following his participation in the 10th Asian Monetary Policy Forum in 2023, and look forward to further exchanges on the implications of his research for monetary policy. It is our great privilege to welcome him as the 27th MAS Term Professor.”

6 Professor Weber will deliver a public lecture at NUS on 17 November 2026 titled, "Subjective Expectations: Models meet Reality”. He will also give a seminar at MAS and engage senior policymakers and economists on issues in household inflation expectations, monetary policy and central bank communication.

About the MAS Term Professorship in Economics and Finance

First established in 2009, the MAS Term Professorship in Economics and Finance is awarded to distinguished scholars, who are appointed as Visiting Professors at the Department of Economics at the NUS Faculty of Arts and Social Sciences, the NUS Business School, or the Lee Kuan Yew School of Public Policy. It aims to strengthen Singapore’s financial and economics research infrastructure and contribute to a vibrant research community and culture at local universities. Since its inception, the MAS Term Professorship in Economics and Finance has been awarded to 26 distinguished scholars over the last 17 years.

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