Lucy Goodhart
Biographic Data
| ID | 4375150 |
|---|---|
| NAME | Lucy Goodhart |
| GIVEN NAMES | Lucy |
| FAMILY NAME | Goodhart |
| SIGNATURE | GOODHART L |
| AFFILIATIONS | Office of International Affairs |
| ORCID | 0000-0002-7704-4998 |
| VERIFIED | Yes |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 36 |
| AUTHOR COUNT | 3 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2012 |
| LATEST PUBLICATION YEAR | 2014 |
| H-INDEX | 3 |
Brave New World? Macro-prudential policy and the new political economy of the federal reserve
The Financial Crisis that started in 2007 ushered in new responsibilities for central banks, particularly for what is termed 'macro-prudential policy', or MPP. The goal of this policy is to monitor and contain overall risk in the financial sector. Implementing MPP, however, carries the potential for distributional conflict with the largest financial firms and the politicization of central bank policy. In light of this risk, this essay analyses th…
Who Decides? Coalition Governance and Ministerial Discretion
Who decides policy in a coalition government? Specifically, does the party occupying a ministerial portfolio control policy in that jurisdiction? This question is central to the study of coalitions but is rarely tested because of the problems in identifying and measuring policy. This paper sidesteps these obstacles using an empirical strategy based on rational partisan theory. The theory establishes expectations of changes in monetary policy and …
Guns and Money in the Open Economy
Can monetary policy, and the exchange rate, affect military capability? If weapons systems are purchased on international markets, then a depreciating currency can reduce the import of arms, affecting the relative capabilities of military rivals. In this research note, we analyze the demand for arms imports using an error correction model. We show that arms are a “normal” good, with the quantity demanded directly related to price and with exchang…
Brave New World? Macro-prudential policy and the new political economy of the federal reserve
The Financial Crisis that started in 2007 ushered in new responsibilities for central banks, particularly for what is termed 'macro-prudential policy', or MPP. The goal of this policy is to monitor and contain overall risk in the financial sector. Implementing MPP, however, carries the potential for distributional conflict with the largest financial firms and the politicization of central bank policy. In light of this risk, this essay analyses th…
Who Decides? Coalition Governance and Ministerial Discretion
Who decides policy in a coalition government? Specifically, does the party occupying a ministerial portfolio control policy in that jurisdiction? This question is central to the study of coalitions but is rarely tested because of the problems in identifying and measuring policy. This paper sidesteps these obstacles using an empirical strategy based on rational partisan theory. The theory establishes expectations of changes in monetary policy and …
Guns and Money in the Open Economy
Can monetary policy, and the exchange rate, affect military capability? If weapons systems are purchased on international markets, then a depreciating currency can reduce the import of arms, affecting the relative capabilities of military rivals. In this research note, we analyze the demand for arms imports using an error correction model. We show that arms are a “normal” good, with the quantity demanded directly related to price and with exchang…
Guns and Money in the Open Economy
Can monetary policy, and the exchange rate, affect military capability? If weapons systems are purchased on international markets, then a depreciating currency can reduce the import of arms, affecting the relative capabilities of military rivals. In this research note, we analyze the demand for arms imports using an error correction model. We show that arms are a “normal” good, with the quantity demanded directly related to price and with exchang…
Who Decides? Coalition Governance and Ministerial Discretion
Who decides policy in a coalition government? Specifically, does the party occupying a ministerial portfolio control policy in that jurisdiction? This question is central to the study of coalitions but is rarely tested because of the problems in identifying and measuring policy. This paper sidesteps these obstacles using an empirical strategy based on rational partisan theory. The theory establishes expectations of changes in monetary policy and …
Brave New World? Macro-prudential policy and the new political economy of the federal reserve
The Financial Crisis that started in 2007 ushered in new responsibilities for central banks, particularly for what is termed 'macro-prudential policy', or MPP. The goal of this policy is to monitor and contain overall risk in the financial sector. Implementing MPP, however, carries the potential for distributional conflict with the largest financial firms and the politicization of central bank policy. In light of this risk, this essay analyses th…
Economics (3 works) · Finance (2 works) · Law (2 works) · Law (2 works) · Macroeconomics (2 works) · Monetary economics (2 works) · Monetary policy (2 works) · Political science (2 works) · Autonomy (1 works) · Banking stability, regulation, efficiency (1 works)