Willem Hendrik Buiter : MPC


Articles and speeches on policy matters during the period I served as an External Member of the Monetary Policy Committee of the Bank of England from June 1997 till May 2000. The views expressed in these articles are those of the author(s)only and do not necessarility reflect the views of the Bank of England or of the other members of the Monetary Policy Committee.
  1. "Designing a Monetary Authority", with Anne C. Sibert, in Challenges for Central Banking, edited by Anthony M. Santomero, Staffan Viotti and Andres Vredin, Kluwer Academic Publishers, Boston/Dordrecht/London, 2001, pp. 173-185.
  2. "Optimal Currency Areas: Why Does the Exchange Rate Regime Matter? With an Application to UK Membership in EMU", Sixth Royal Bank of Scotland/Scottish Economic Society Annual Lecture, given at the Royal College of Physicians, Edinburgh, on Tuesday, 26 October 1999. Scottish Journal of Political Economy, Vol. 47, No 3, August 2000, pp.213-250.
  3. "Exchange Rate Regimes for Accession Countries", address given at a luncheon hosted by Deutsche Bank at the EBRD Annual General Meeting in Riga, Latvia, on Sunday, May 21, 2000.
  4. "Smoke and Mirrors in the Foreign Exchange Market", written with Anne C. Sibert, published in The Observer, 23 April 2000, Business Section, p. 3, as "Sterile gesture won't tame soaring sterling".
  5. "The New Economy and the Old Monetary Economics", Bank of England Quarterly Bulletin, May 2000.
  6. "Money Matters; the effects of relative price changes, margin changes and productivity changes on inflation and the price level.", mimeo, Bank of England, March 2000.
  7. "Answers to the Questionnaire: 'Bank of England Commission; Issues for Consideration'", December 3, 1999. The Bank of England Commission was set up and is chaired by the Rt. Hon Francis Maude, Shadow Chancellor of the Exchequer. Its other members are John Flemming, Sir David Lees, Sir Peter Middleton, Professor Anne C. Sibert and Oliver Letwin, MP.
  8. "http://willembuiter.com/Monetary Misconceptions; New and Old Paradigmata and Other Sad Tales", Paper expanding on a speech given at the Aberdeen Chamber of Commerce on Wednesday, October 27, 1999.
  9. Speech given at the Annual Dinner of the Charity Finance Directors' Group , Thursday October 14, 1999, at The Brewery, Chiswell Street, London EC1.
  10. "Six Months in the Life of the Euro; What Have We Learnt?", remarks prepared for a seminar on monetary and budgetary policy in the Economic and Monetary Union, held at the Rabobank, Utrecht, the Netherlands, 25 June 1999; Tijdschrift voor Politieke Economie, 21(4), October 1999, pp. 4-25.
  11. "The EMU and the NAMU: What is the Case for North American Monetary Union?", Douglas D. Purvis Memorial Lecture, presented at the Canadian Economic Association Meeting, Saturday May 29, 1999, Toronto, Canada; Canadian Public Policy/Analyse de Politiques, September 1999.
  12. "UDROP: A Contribution to the New International Financial Architecture", written with Anne C. Sibert, International Finance, 2(2), pp. 227-247, July 1999.
  13. "Alice in Euroland", Journal of Common Market Studies Annual Lecture, Journal of Common Market Studies, 37(2), pp. 181-209, June 1999.
  14. "The Clear Case for UK Membership in EMU", mimeo, Bank of England, June 16, 1999. This is a longer version of "Price of independence", a Personal View published in the Financial Times, Thursday June 17 1999, p. 24.
  15. "Britain and EMU"; Lecture on the prospects for EMU and the modalities of eventual UK membership, given on July 2, 1998, for the Centre for Economic Policy Research. Published as "Le Royaume-Uni et l'UEM", in Politique √Čtrang√®re, 1/1999, pp. 45-62.
  16. "Weathering the International Storm"; Lecture on the international financial and economic tribulations, given for the Society of Business Economists on 25 November 1998, published in The Business Economist, Volume 30 No 1, 1999, pp. 13-22.
  17. Sunday Telegraph Article on ECB openness and accountability, without the editorial improvements applied by the Sunday Telegraph; 18 October 1998.
  18. Reply to Dr. Issing's letter to the Financial Times concerning ECB openness and accountability; 24 September 1998.