Background
Michie, Jonathan was born on March 25, 1957 in London. Son of Donald and Anne (McLaren) Michie.
( During prolonged economic recessions when the normal cy...)
During prolonged economic recessions when the normal cyclical expansion of output fails to materialize, the topic of the 'cyclical behaviour of wages' has emerged as an area of debate. In 1985, the British Treasury claimed that academic studies into the cyclical behaviour of wages demonstrated that a cut in wages would increase employment. Wages in the Business Cycle contests this argument by presenting the results of original, empirical work which illustrates the absence of any systematic empirical regularity to wage movements over the business cycle. Jonathan Michie argues that the re-emergence of this debate must be seen within the context of the theory of the 'labour demand function', representing an attempt to challenge the Keynesian theoretical assumptions implicit in the bulk of applied macro economic work up to the late 1970s.
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economist university professor
Michie, Jonathan was born on March 25, 1957 in London. Son of Donald and Anne (McLaren) Michie.
Michie studied at United World College of the Atlantic from 1973 where he gained his International Baccalaureate. He then gained a scholarship to Balliol College, Oxford, where he gained first class honours in Philosophy, Politics and Economics, and later a doctorate, after having obtained an Master of Science in Economics (with Distinction) from Queen Mary, University of London.
In 1983 he moved to the Economics Department of the Trades Union Congress and then in 1988 to Brussels as an Expert to the European Commission, before becoming an academic at the University of Cambridge in 1990. After seven years at Cambridge - first in the Economics Faculty and then the Judge Business School - he took up the Sainsbury Chair of Management at the University of London, where he was Head of the School of Management & Organizational Psychology at Birkbeck College. He was also a Non-Executive Director of the Sandwell & West Birmingham Hospitals National Health Service Trust.
In December 2007, he was appointed to the joint positions of Director of the Department for Continuing Education and President of Kellogg College, University of Oxford.
Michie authored a recent report which called for Northern Rock to be remutualised, and heads the Commission for Ownership set up at Oxford University. Michie was one of the first chairpersons of, formerly Against Murdoch, a not-for-profit organisation dedicated to promote fan ownership in Manchester United F.C. They successfully thwarted Rupert Murdoch"s attempt to take over Manchester United.
When his term as chair passed in 2004, had over 30,000 members and owned 1% of Manchester United. The organisation is now known as the Manchester United Supporters" Trust.
( During prolonged economic recessions when the normal cy...)
In 2004, he became a Professor of Management at the University of Birmingham where he was Director of the Birmingham Business School and a member of the University Council.
Married Ann Logan (divorced). Married Carolyn Downs, November 5, 1988.