Goodhart, Charles


Professor Charles Goodhart  

Department

Position held

Financial Markets Group (FMG)

Director of the Financial Regulation Research Programme

Experience keywords:

foreign exchange markets; structural change in FM; EMS; independent central bank; EMU; monetary policy; ESCB; role of central banks; regulatory change in FM

Media experience:

Radio

Contact Points

LSE phone number:

+44 (0)20 7955 7555

Publications

LSE Research Online, Funnelback Search

2014

Goodhart, C. A. E. (2014) Lessons for monetary policy from the Euro-area crisis Journal of Macroeconomics, 39 (Part B). 378-382. ISSN 0164-0704

2013

Goodhart, Charles A. E. (2013) Powers and scope of the macro-prudential authority In: LaBrosse, John Raymond and Olivares-Caminal, Rodrigo and Singh, Dalvinder, (eds.) Financial Crisis Containment and Government Guarantees. Edward Elgar Publishing, Cheltenham, 29-42. ISBN 9781781004999

Goodhart, Charles and Peiris, M. U. and Tsomocos, Dimitrios P. (2013) Global imbalances and taxing capital flows International Journal of Central Banking, 9 (2). 13-44. ISSN 1815-4654

Kapoor , Sony and Goodhart, Charles (2013) Plans for a banking union may not be enough to tackle the eurozone’s economic crisis European Politics and Policy at LSE (4 Feb 2013) Blog entry

Goodhart, Charles and Kashyap, Anil K. and Tsomocos, Dimitrios P. and Vardoulakis, Alexandros P. (2013) An integrated framework for analyzing multiple financial regulations International Journal of Central Banking, 9 (Supp.1). 109-144. ISSN 1815-4654

Goodhart, Charles (2013) Ratio controls need reconsideration Journal of Financial Stability, 9 (3). 445-450. ISSN 1572-3089

Avgouleas, Emilios and Goodhart, Charles and Schoenmaker, Dirk (2013) Bank Resolution Plans as a catalyst for global financial reform Journal of Financial Stability, 9 (2). 210-218. ISSN 1572-3089

Goodhart, C. A. E. and Ashworth, J. P. (2013) QE: a successful start may be running into diminishing returns Oxford Review of Economic Policy, 28 (4). 640-670. ISSN 0266-903X

Goodhart, C. A. E. and Lee, D. J. (2013) Adjustment mechanisms in a currency area Open Economies Review, 24 (4). 627-656. ISSN 0923-7992

2012

Goodhart, Charles A. E. and Lastra, Rosa M. (2012) The boundary problems in financial regulation In: Barth, James R. and Lin, Chen and Wihlborg, Clas, (eds.) Research Handbook on International Banking and Governance. Edward Elgar Publishing Ltd, Cheltenham, 321-332. ISBN 9781849802932

Goodhart, Charles and Tsomocos, Dimitrios P. (2012) The challenge Of financial stability: a new model and its applications Edward Elgar, Cheltenham, UK. ISBN 9781847208941

Goodhart, Charles A. E. and Tsomocos , Dimitrios P. (2012) Financial stability in practice Edward Elgar, Cheltenham, UK. ISBN 9781847208934

2011

Goodhart, Charles A. E. (2011) Financial regulation In: Eijffinger, Sylvester and Masciandaro, Donato, (eds.) Handbook of Central Banking, Financial Regulation and Supervision: After the Financial Crisis. Edward Elgard Publishing Ltd, Cheltenham, 326-353. ISBN 9781849803137

Goodhart, Charles (2011) Moral hazard In: Green, Christopher J. and Pentecost, Eric J. and Weyman-Jones, Tom, (eds.) The Financial Crisis and the Regulation of Finance. Edward Elgar Publishing Ltd, Cheltenham, UK. ISBN 9781849808705

Goodhart, Charles and Ashworth, Jonathan (2011) George Osborne’s proposed ‘credit easing’ measures must incentivise banks to increase their lending to small businesses: they are vital to the recovery of employment and the wider economy British Politics and Policy at LSE (11 Nov 2011) Blog entry

Goodhart, Charles and Ashworth, Jonathan (2011) The Bank of England’s second round of quantitative easing may do little to improve economic confidence or to encourage bank lending, and may even lead to more upward pressures on inflation British Politics and Policy at LSE (14 Oct 2011) Blog entry

Goodhart, Charles (2011) The Basel Committee on Banking Supervision: a history of the early years, 1974–1997 Cambridge University Press, Cambridge, UK. ISBN 9781107007239

Goodhart, Charles and Lim, Wen Bin (2011) Interest rate forecasts: a pathology International Journal of Central Banking, 7 (2). 135-171. ISSN 1815-4654

2010

Goodhart, Charles (2010) Money, credit and bank behaviour: need for a new approach National Institute Economic Review, 214 (1). F73-F82. ISSN 0027-9501

Goodhart, Charles A. E. (2010) Domestic banking problems In: Diebold, Francis X. and Doherty, Neil A. and Herring, Richard J., (eds.) The Known, the Unknown, and the Unknowable in Financial Risk Management: Measurement and Theory Advancing Practice. Princeton University Press, Princeton, USA, 290-295. ISBN 9780691128832

Benati, Luca and Goodhart, Charles (2010) Monetary policy regimes and economic performance: the historical record, 1979-2008 In: Handbook of Monetary Economics. Elsevier BV, Amsterdam, The Netherlands, 1159-1236. ISBN 9780444534545

Goodhart, Charles and Lastra, R. M. (2010) Border problems Journal of International Economic Law, 13 (3). 705-718. ISSN 1369-3034

Goodhart, Charles and Peiris, M. U. and Tsomocos, D. P. and Vardoulakis, A. P. (2010) On dividend restrictions and the collapse of the interbank market Annals of Finance, 6 (4). 455-473. ISSN 1614-2446

Goodhart, Charles (2010) How should we regulate bank capital and financial products? What role for "living wills"? (Cómo Deberíamos Regular el Capital Bancario y los Productos Financieros? Cuál es el Papel de los 'Testamentos en Vida?') Revista de Economia Institucional , 12 (23). 85-109. ISSN 0124-5996

Goodhart, Charles (2010) Is a less pro-cyclical financial system an achievable goal? National Institute Economic Review, 211 (1). 81-90. ISSN 0027-9501

2009

Goodhart, Charles (2009) An overhaul of doctrine: the underpinning of UK inflation targeting: a rejoinder Economic Journal, 119 (538). F369-F373. ISSN 1468-0297

Goodhart, Charles and Sunirand, P. and Tsomocos, D. P. (2009) The optimal monetary instrument for prudential purposes Journal of Financial Stability, 7 (2). 70-77. ISSN 1572-3089

Benink, Harald and Danielsson, Jon and Goodhart, Charles (2009) The future of banking regulation: the Basel II Accord John Wiley & Sons, London, UK. ISBN 9781405158268

Segoviano, Miguel A. and Goodhart, Charles (2009) Banking stability measures Discussion paper, 627. Financial Markets Group, London School of Economics and Political Science, London, UK.

Dungey, Mardi and Fakhrutdinova, Luba and Goodhart, Charles (2009) After-hours trading in equity futures markets Journal of Futures Markets, 29 (2). 114-136. ISSN 0270-7314

Espinoza, Raphael A. and Goodhart, Charles and Tsomocos, Dimitrios P. (2009) State prices, liquidity, and default Economic Theory, 39 (2). 177-194. ISSN 0938-2259

Brunnermeier, Markus K. and Crockett, Andrew and Goodhart, Charles and Persaud, Avinash and Shin, Hyun Song (2009) The fundamental principles of financial regulation Geneva Reports on the World Economy, Centre for Economic Policy Research (CEPR), London, UK. ISBN 9780955700972

2008

Goodhart, Charles and Bin Lim, Wen (2008) Do errors in forecasting inflation lead to errors in forecasting interest rates? Discussion paper, 611. Financial Markets Group, London School of Economics and Political Science, London, UK.

Goodhart, Charles and Bin Lim, Wen (2008) Interest rate forecasts: a pathology Discussion paper, 612. Financial Markets Group, London School of Economics and Political Science, London, UK.

2007

Tsomocos, Dimitrios P. and Bhattacharya, Sudipto and Goodhart, Charles A. E. and Sunirand, Pojanart (2007) Banks, relative performance, and sequential contagion Economic Theory, 32 (2). 381-398. ISSN 0938-2259

Espinoza, Raphael A. and Goodhart, Charles and Tsomocos, Dimitrios P. (2007) Endogenous state prices, liquidity, default, and the yield curve Discussion paper, 583. Financial Markets Group, London School of Economics and Political Science, London, UK.

2006

Aspachs, Oriol and Goodhart, Charles and Tsomocos, Dimitrios P. and Zicchino, Lea (2006) Towards a measure of financial fragility Discussion paper, 554. Financial Markets Group, London School of Economics and Political Science, London, UK.

2005

Goodhart, Charles (2005) The interest rate conditioning assumption Discussion paper, 547. Financial Markets Group, London School of Economics and Political Science, London, UK.

Goodhart, Charles (2005) An Essay on the interactions between the Bank of England's forecasts, the MPC's policy adjustments, and the eventual outcome Discussion paper, 546. Financial Markets Group, London School of Economics and Political Science, London, UK.

2004

Goodhart, Charles and Sunirand, Pojanart and Tsomocos, Dimitrios P. (2004) A time series analysis of financial fragility in the UK banking system Discussion paper, 517. Financial Markets Group, London School of Economics and Political Science, London, UK.

Goodhart, Charles and Sunirand, Pojanart and Tsomocos, Dimitrios P. (2004) A model to analyse financial fragility: applications Discussion paper, 482. Financial Markets Group, London School of Economics and Political Science, London, UK.

Goodhart, Charles (2004) The Monetary Policy Committee's reaction function: an exercise in estimation Discussion paper, 495. Financial Markets Group, London School of Economics and Political Science, London, UK.

Goodhart, Charles (2004) The interaction between the Bank of England's forecasts and policy, and the outturn Discussion paper, 496. Financial Markets Group, London School of Economics and Political Science, London, UK.

Goodhart, Charles and Segoviano, Miguel A. (2004) Basel and procyclicality: a comparison of the standardised and IRB approaches to an improved credit risk method Discussion paper, 524. Financial Markets Group, London School of Economics and Political Science, London, UK.

Goodhart, Charles and Sunirand, Pojanart and Tsomocos, Dimitrios P. (2004) A risk assessment model for banks Discussion paper, 504. Financial Markets Group, London School of Economics and Political Science, London, UK.

Goodhart, Charles and Sunirand, Pojanart and Tsomocos, Dimitrios P. (2004) A model to analyse financial fragility Discussion paper, 492. Financial Markets Group, London School of Economics and Political Science, London, UK.

2003

Goodhart, Charles and Pappa, Evi (2003) The transition from national currencies to the Euro Economics Letters, 79 (1). 83-88. ISSN 0165-1765

2002

Goodhart, Charles (2002) From moderate to low inflation

Goodhart, Charles (2002) Technology's fine... but everyone loves cash Accounting and Business, 5 (1). 42-43. ISSN 1460-406X

Goodhart, Charles (2002) Basel and pro-cyclicality In: Hilton, Andrew, (ed.) Bumps on the Road to Basel. Centre for the Study of Financial Innovation [CSFI], London, UK. ISBN 0954314450

Goodhart, Charles (2002) The operational risk issue In: Bumps on the Road to Basel: an Anthology on Basel 2. Centre for the Study of Financial Innovation (CSFI), London. ISBN 0954314450

Goodhart, Charles and Meade, Ellen E. (2002) Central banks and supreme courts: a comparison of monetary and judicial processes and transparency

Goodhart, Charles and Illing, Gerhard (2002) Introduction: Financial crises, contagion and the lender of last resort In: Goodhart, Charles and Illing, Gerhard, (eds.) Financial Crises, Contagion and the Lender of Last Resort. Oxford University Press, Oxford, UK, 1-26. ISBN 9780199247202

Goodhart, Charles (2002) Recent developments in central banking In: Dickinson, David and Allen, William, (eds.) Monetary Policy, Capital Flows and Exchange Rates: Essays in Honour of Maxwell Fry. International studies in money and banking. Routledge, London, UK, 65-77. ISBN 9780415251358

Danielsson, Jon and Goodhart, Charles (2002) The inter-temporal nature of risk In: Balling, Morten and Lierman, Frank and Mullineux, Andrew, (eds.) Technology and Finance: Challenges for Financial Markets, Business Strategies and Policy Makers. Routledge international studies in money and banking (17). Routledge, London, UK, 18-40. ISBN 9780415298278

Goodhart, Charles and Love, Ryan and Payne, Richard and Rime, Dagfinn (2002) Analysis of spreads in the dollar/euro and Deutsche Mark/dollar foreign exchange markets Discussion paper, 467. Financial Markets Group, London School of Economics and Political Science, London, UK.

Bray, Margaret and Goodhart, Charles (2002) You might as well be hung for a sheep as a lamb: the loss function of an agent Discussion paper, 418. Financial Markets Group, London School of Economics and Political Science, London, UK.

2001

Goodhart, Charles (2001) Interview: Charles Goodhart Central Banking, XI (3). 7-16. ISSN 0960-6319

Goodhart, Charles (2001) Commentary on Krugman, "the price of globalisation" In: Global Economic Integration: Opportunities and Challenges. Books for business, Miami, 107-110. ISBN 9780894991219

Goodhart, Charles (2001) The inflation forecast National Institute Economic Review, 175 (1). 59-66. ISSN 0027-9501

Goodhart, Charles (2001) The organisational structure of banking supervision In: Healey, Juliette and Sinclair, Peter, (eds.) Financial Stability and Central Banks. Central bank governors' symposium series. Routledge, London, 79-106. ISBN 9780415257756

Goodhart, Charles (2001) Commentary on Daniel Klein In: Klein, D. B., (ed.) A Plea to Economists Who Favour Liberty: Assist the Everyman. Occasional Paper (118). Institute of Economic Affairs, London, UK.

Goodhart, Charles (2001) The endogenity of money In: Arestis, Philip and Desai, Meghnad and Dow, Shelia, (eds.) Money, Macroeconomics and Keynes. Routledge frontiers of political economy, 1. Routledge, London, UK, 14-24. ISBN 9780415232180

Goodhart, Charles (2001) Monetary transmission lags and the formulation of the policy decision on interest rates Federal Reserve Bank of St. Louis Review, 83 (4). 165-182. ISSN 0014-9187

Goodhart, Charles and Krueger, Malte (2001) The impact of technology on cash usage Discussion paper, 374. Financial Markets Group, London School of Economics and Political Science, London, UK.

Danielsson, Jon and Embrechts, Paul and Goodhart, Charles and Keating, Con and Muennich, Felix and Renault, Olivier and Shin, Hyun Song (2001) An academic response to Basel II Special paper series, SP130. Financial Markets Group , London, UK.

Goodhart, Charles (2001) A plea to economists? Eastern Economic Journal, 27 (2). 215-220. ISSN 0094-5056

Goodhart, Charles and Schoenmaker, Dirk and Dasgupta, Paolo (2001) The skill profile of central bankers and supervisors Discussion paper, 377. Financial Markets Group, London School of Economics and Political Science, London, UK.

2000

Goodhart, Charles and Payne, Richard (2000) The foreign exchange market: empirical studies with high-frequency data Macmillan. ISBN 9780312235642

Goodhart, Charles and Hofmann, Boris (2000) Do asset prices help to predict consumer price inflation? Manchester School Journal, 68 (s1). 122-140. ISSN 1463-6786

Goodhart, Charles and Huang, H. (2000) A simple model of an international lender of last resort Economic Notes, 29 (1). 1-11. ISSN 0391-5026

1999

Goodhart, Charles and Ostergaard, Charlotte (1999) Guest editorial Journal of Financial Regulation and Compliance, 6 (4). 302-303. ISSN 1358-1988

Goodhart, Charles (1999) Discussion of the "monetary policy strategy of the ECB" In: Cobham, D. and Zis, G., (eds.) From Ems to Emu. Macmillan. ISBN 9780312227999

Goodhart, Charles and Lemmen, J. (1999) Credit risks and European government bond markets: a panel data econometric analysis Eastern Economic Journal, 25 (1). ISSN 0094-5056

Goodhart, Charles (1999) Managing the global economy In: Hodges, M. R. and Kirton, J. J. and Daniels, J. P., (eds.) The G8's Role in the New Millennium. Ashgate, Surrey, UK. ISBN 9781840147742

Goodhart, Charles (1999) Monetary policy and debt management in the UK In: Chrystal, K. Alec, (ed.) Government Debt Structure and Monetary Conditions. Bank of England, London, UK. ISBN 9781857301526

Goodhart, Charles and Huang, Haizhou (1999) What are the central bank's and the private sector's objectives? In: Arestis, Philip and Daniel, Sami and Grahl, John, (eds.) Money and Macroeconomic Policy: Essays in Honour of Bernard Corry and Maurice Peston. Edward Elgar, Cheltenham, UK, 108-126. ISBN 9781858985787

Goodhart, Charles (1999) Central bankers and uncertainty Bank of England Quarterly Bulletin, 39 (1). 102-121. ISSN 0005-5166

Clark, Peter B. and Goodhart, Charles A. E. and Huang, Haizhou (1999) Optimal monetary policy rules in a rational expectations model of the Phillips curve Journal of Monetary Economics, 43 (2). 497-520. ISSN 0304-3932

1996

Goodhart, Charles and Xu, Cheng-Gang (1996) The rise of China as an economic power 299. Centre for Economic Performance, London School of Economics and Political Science, London, UK.

1994

Capie, Forrest and Fischer, Stanley and Goodhart, Charles and Schnadt, Norbert (1994) The future of central banking: the tercentenary symposium of the Bank of England Cambridge University Press, Cambridge, UK. ISBN 9780521496346


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