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Monetary policy and banking fragility

LSE public lecture


The banking sector across many developed economies proved fragile – insufficiently robust to prevent worries about the value of bank assets generating a banking crisis. This caused a downturn which in the UK has been severe and prolonged. But this has happened while inflation has stayed relatively high. This creates huge challenges in setting monetary policy. David Miles will analyse those difficulties and consider how banks can be best made more robust.

Professor David Miles joined the Monetary Policy Committee at the Bank of England in June 2009. He is also a Visiting Professor at Imperial College. Miles was formerly a professor of financial economics and head of the Finance Department at Imperial. As an economist he has focused on the interaction between financial markets and the wider economy. He was Chief UK Economist at Morgan Stanley from October 2004 to May 2009.

He has been a specialist economic advisor to the Treasury Select Committee. In Budget 2003, the Chancellor commissioned Professor Miles to lead a review of the UK mortgage market. The result, published at Budget 2004, was the report: "The UK mortgage market: taking a longer-term view". He is a council member of the Royal Economic Society, a research fellow of the Centre for Economic Policy Research and at the CESIFO research institute in Munich. He is a former editor of Fiscal Studies.

Suggested hashtag for this event for Twitter users: #lsefragility


Speaker(s):

Professor David Miles | talks

 

Date and Time:

27 July 2011 at 6:30 pm

Duration:

1 hour 30 minutes

 

Venue:

LSE Campus, venue TBC to ticket holders
London School of Economics and Political Science
Houghton Street
London
WC2A 2AE


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Organised by:

London School of Economics & Political Science
See other talks organised by London School of Economics & Political Science...

 

Tickets:

Free

Available from:

This event is free and open to all, but a ticket is required. One ticket per person can be requested on Tuesday 19 July.

LSE students and staff are able to collect one ticket from the New Academic Building SU shop, located on the Kingsway side of the building from 10.00am on Tuesday 19 July.

Members of the public, LSE staff and alumni can request one ticket via the online ticket request form which will be live on this weblisting after 10.00am on Tuesday 19 July.

Members of the public, LSE students, LSE staff and alumni can request one ticket via the online ticket request form which will be live on this weblisting after 10.00am on Thursday 9 June. All ticket requests for this event must be made online.

The ticket request form will be online for around an hour from going live. If after an hour we have received more requests than there are tickets available, the line will be closed, and tickets will be allocated on a random basis to those requests received. If after an hour we have received fewer requests than tickets available, the ticket line will stay open until all tickets have been allocated.

Additional Information:

From time to time there are changes to event details so we strongly recommend that if you plan to attend this event you check the listing for this event on the LSE events website on the day of the event.

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