May's Bank Underground blog posts
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
Biography
May is Senior Manager of the Modelling team in Monetary Analysis. The team provide modelling expertise that guide monetary policy discussions, including in developing the Bank’s flagship Dynamic Stochastic General Equilibrium (DSGE) forecasting model.
May’s research is focused on uncovering patterns of household consumption, saving, and debt behaviours. She is also interested in consumer finance—in particular how households make decisions. In the past, May has worked on labour supply and productivity issues. Her research predominantly uses applied microeconometric and panel data techniques.
She holds a PhD from University College London and an MA from McGill University.
May's Bank publications
May's selected academic publications
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)
Consumption Response to Aggregate shocks and the Role of Leverage with A Kovacs and P Bunn, Centre for Macroeconomics DP20 (2018)
Household debt and spending in the UK with P Bunn, Vox EU (2015)
This page was last updated 01 September 2021
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