Charles Goodhart (1936–)

Donald Kohn ()
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Donald Kohn: Economic Studies programme at the Brookings Institution

Chapter Chapter 31 in The Palgrave Companion to LSE Economics, 2019, pp 765-789 from Palgrave Macmillan

Abstract: Abstract Charles Goodhart has made major contributions to the study of financial markets and macroeconomics, pioneering the integration of those two disciplines and applying his insights to the structure and practice of central banking. Goodhart served at the Bank of England in the 1970s and 1980s and as a policy maker on the Monetary Policy Committee (MPC). Along with Mervyn King, he founded and led the Financial Markets Group (FMG) at LSE, which has helped to ground the study of financial markets in actual practice. He foresaw many of the issues that led to the 2008 global financial crisis (GFC), has made a number of suggestions for preventing a repeat and has commented extensively on the strengths and weaknesses of the regulatory and monetary policy responses to that crisis.

Keywords: Charles Goodhart; Central banking; Global financial crisis; Financial stability; Goodhart’s Law; Monetary policy (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-58274-4_31

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DOI: 10.1057/978-1-137-58274-4_31

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