Charles Goodhart
Wanted: paranoid and unpopular central bankers
Panel says central bankers must look for risk everywhere and be prepared to implement unpopular policies to prevent the next crisis
Goodhart says regulatory outlook unclear
London School of Economics’s Charles Goodhart says the process of reaching international agreement has become more difficult
Bright ideas and sombre moods
Malan Rietveld reports on a recent conference at the London School of Economics on the future of financial regulation
More dismal than ever
Macroeconomics is in crisis, but central banks can help improve the state of the art, argues Malan Rietveld
Goodhart calls for negative deposit rate
Former member of Monetary Policy Committee Charles Goodhart wants Bank of England to follow Riksbank’s lead in cutting deposit rate below zero
Goodhart: central banks unprepared for liquidity support
Charles Goodhart, a former member of the Bank of England’s Monetary Policy Committee, says central banks have to devise common rules for liquidity support after crisis caught them out
In return to normality, fiscal order must come first
Governments must put their books in order before central bankers raise rates, say economists
Financial regulation: a macro analysis
A report from the Centre for Economic Policy Research applies macroeconomic analysis to the design of financial regulation.
Ex-MPC members offer solutions to crunch
A financial stability committee, a derivatives exchange and a pan-EU regulator were among the ideas suggested to stave off future credit crises by an influential group of British-based economists on Tuesday.
Zero rates the only way out: ex-MPC members
Central bankers and global regulators must throw out the rule book on moral hazard, and act rapidly and decisively to fix the global financial meltdown, former members of the Bank of England's Monetary Policy Committee have said.
Developments a mixed bag for Bank: Goodhart
The growth outlook has deteriorated, but there is room for optimism for the Bank of England in other areas, says Charles Goodhart, a former member of the Monetary Policy Committee
UK opposition calls for new central bank powers
Giving central banks the power to vary the capital banks hold over the economic cycle could help prevent asset price collapses, argued George Osborne, the Conservative shadow chancellor.
Interview: Charles Goodhart
Claire Jones spoke with the former Bank of England policymaker about the co-ordinated liquidity interventions and the move towards aggressive policy easing by the Fed
Coordination was unprecedented, says Goodhart
The joint action by five of the world's leading monetary authorities was a move unprecedented in central banking, said Charles Goodhart, a former member of the Bank of England's monetary policy committee.
Model predicting instability in development
Charles Goodhart, a former member of the Bank of England's Monetary Policy Committee, and Dimitrios Tsomocos, a lecturer in financial economics at Oxford University's Said Business School, are working on a model aimed at alleviating financial fragility.
Contrasting views on Old Lady's role in crisis
Charles Goodhart and William Buiter, both former monetary policy committee members at the Bank of England and both now professors at the London School of Economics (LSE), had sharply differing opinions on how the Bank should have handled the recent…
Why prevention is better than cure
Does delay in closing a bank make a crisis worse? Not necessarily so, says Charles Goodhart, who examines the case for and against with reference to recent financial crises and near-crises
Comment: Sharing the cost of banking crises
The need for an ex-ante commitment to sharing the cost of cross-border banking crises in Europe is suggested in a speech by Eva Srejber and a paper by Charles Goodhart and Dirk Schoenmaker. But is it feasible?
Comment: Measuring financial fragility
Central banks and regulators have created well-staffed financial stability departments, producing voluminous reports and reviews. However, policymakers are not always sure what they are aiming at in this opaque, but systemically important, area. New…
Comment: The ECB's 'structural flaw'
In a lecture at the London School of Economics this week, Charles Goodhart suggested that the criticism directed towards the ECB by politicians, is the result of a "structural flaw" in the way the central bank's inflation objective was defined.
The Eurosystem, the Union and beyond
The European Central Bank on 27 December published a collection of contributions made on the occasion of the ECB colloquium "The Eurosystem, the Union and Beyond - The single currency and implications for governance", which was held in honour of Tommaso…
Comment: A controversial Central Banking feature
About two weeks after its publication, the current issue of Central Banking has suddenly been receiving wall-to-wall coverage in some sections of the UK media. But what was intended as a sober, objective and balanced appraisal of some of the problems of…
Dear Jean-Claude...
Changing the way the ECB works would improve its image and make your job easier, writes Charles Goodhart in an open letter to the ECB’s president.