John Fender has three degrees including a D.Phil from the University of Oxford. He was a Lecturer at Lancaster University and an Associate Professor at the Pennsylvania State University in the United States before coming to the University of Birmingham in 1992, where he has been Professor of Macroeconomics since 1998. He is leader of the Macroeconomics and Finance Research Group and Deputy Head of Department. He has published widely in macroeconomics, including open economy macroeconomics but is also interested in political economy issues and in economics and philosophy. Monetary policy, on which he published a book in 2012, is a particular interest. His current research encompasses analysing the effects of fiscal consolidation programmes and developing an appropriate framework for analysing the stock market.