Professor Stephen Nickell, FBA, who is based at the Centre for Economic Performance at the London School of Economics and Political Science (LSE) and at the Bank of England, will give the Keynes Lecture in Economics at the British Academy on Tuesday 20 September.
He will speak on Practical Issues in UK Monetary Policy. Click here to read a transcript of his speech [updated 21 September 05]
Professor Nickell said: 'This lecture concerns the subjects which members of the Bank of England Monetary Policy Committee have spent a lot of time discussing since I became a member. So issues such as money growth, deflation and time consistency are not included. Instead, three topics are discussed in detail. The first is the rapid rise in household debt and its implications for monetary policy. The second is the role of asset prices in monetary policy with particular reference to the sterling exchange rate and the housing boom. The third is the switch in the inflation target at the end of 2003.'
Practical Issues in UK Monetary Policy is at 5.30pm on Tuesday 20 September at the British Academy, 10 Carlton House Terrace, London SW1Y 5AH. The event is free and unticketed, and will be filled on a first-come, first-served basis.
For more information, contact the British Academy on 020 7969 5246 or email firstname.lastname@example.org
15 September 2005