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.
- "Designing a
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.
- "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.
- "Exchange Rate Regimes
Countries", address given at a luncheon hosted by Deutsche Bank at
the EBRD Annual General Meeting in Riga, Latvia, on Sunday, May 21,
- "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
- "The New Economy and the
Economics", Bank of England Quarterly Bulletin, May 2000.
- "Money Matters; the
relative price changes, margin changes and productivity changes on
inflation and the price level.", mimeo, Bank of England, March 2000.
- "Answers to the
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.
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.
- Speech given at
the Annual Dinner of
the Charity Finance Directors' Group , Thursday October 14, 1999,
at The Brewery, Chiswell Street, London EC1.
- "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.
- "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.
- "UDROP: A Contribution to the New International Financial
Architecture", written with Anne
C. Sibert, International Finance, 2(2), pp. 227-247, July
- "Alice in Euroland",
Common Market Studies Annual Lecture, Journal of Common Market
Studies, 37(2), pp. 181-209, June 1999.
- "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.
- "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 Étrangère,
1/1999, pp. 45-62.
- "Weathering the
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.
- Sunday Telegraph
Article on ECB
openness and accountability, without the editorial improvements applied
by the Sunday Telegraph; 18 October 1998.
- Reply to Dr.
Issing's letter to
the Financial Times concerning ECB openness and accountability; 24