Monetary History, Exchange Rates and Financial Markets

Monetary History, Exchange Rates and Financial Markets

Essays in Honour of Charles Goodhart, Volume Two

Edited by Paul Mizen

Monetary History, Exchange Rates and Financial Markets is an impressive collection of original papers in honour of Charles Goodhart’s outstanding contribution to monetary economics and policy. Charles Goodhart has written extensively on many of these topics and has become synonymous with his field; the chapters within this book offer a summary of current thinking on his own research subjects and include perspectives on controversies surrounding them.

Preface

Edited by Paul Mizen

Subjects: economics and finance, economic psychology, money and banking

Extract

This volume and its companion have been compiled from the proceedings of a two-day Festschrift conference in honour of Charles Goodhart at the Bank of England, 15–16 November 2001. The conference would not have been possible without the participation and efforts of a large number of people. The contributors of papers are listed on page ix and my thanks are extended to each and every one of them for producing exceptionally highquality papers. My thanks must also be extended to all those who chaired the sessions: Mark Gertler, Roger Alford, Leslie Dicks-Mireaux, Sushil Wadhwani, Anna J. Schwartz, Lord Desai, Peter Cooke, and David Webb, the discussants and those who provided comments from the floor. In some cases contributors and discussants went to considerable lengths to attend despite the commitments they were obliged to keep to other events on different continents the following day. My thanks are extended to them all. As with all great enterprises there is a large number of people whose time and energy has been devoted to the task of putting the arrangements in place. I would particularly like to mention a few who took on the greater part of the task. The organisation of the conference at the Bank involved a number of people including Charles Goodhart, Mervyn King’s office and especially his two Personal Assistants at the time, Mark Cornelius and Phil Evans, and the conference organisers, Debbie Nyman and Maureen Black. Ryan Love and Raoul Minetti undertook the task of...