May is head of macro-modelling, which sits in Monetary Analysis. The team provide modelling expertise that guide monetary policy discussions, including in developing a range of structural and time-series models on all aspects of the macroeconomy.
May’s area of research is in household finance and bank lending behaviour. In particular, she is interested in how consumers make decisions, and in uncovering patterns of consumption and debt behaviours. May has also worked on labour markets, including how firms’ outcomes respond in a credit crunch.
She holds a PhD from University College London and an MA from McGill University.
Bomadland: How the Bank of Mum and Dad helps kids buy homes - July 2023
Household debt and consumption revisited - September 2021
When banks say ‘No’: how the credit crunch lowered UK productivity - February 2016
A lifecycle story of housing debt in Blighty - September 2015
The Banks that Said No: the Impact of Credit Supply on Productivity and Wages with J Franklin and G Thwaites, Journal of Financial Services Research (2020)
The Determinants of Credit Union Failure: Insights from the United Kingdom with J Coen and B Francis, International Journal of Central Banking (2019)
Household debt and spending in the UK with P Bunn, Vox EU (2015)
