Focus is needed on improving central bank forecasts
Goodhart, C. A. E.
(2023)
Focus is needed on improving central bank forecasts
Central Banking.
ISSN 0960-6319
On August 7, David Bholat suggested that it was ‘Time to pay policy-makers based on their performance’. Like all good economists, Bholat has been keen to adjust incentives so that those involved are encouraged to perform better, in this case the senior members of the monetary policy committee (MPC). While his intention was good, I think his target was misdirected, and could be improved.
| Item Type | Article |
|---|---|
| Departments | Financial Markets Group |
| Date Deposited | 16 Aug 2023 08:51 |
| URI | https://researchonline.lse.ac.uk/id/eprint/119992 |
Explore Further
- https://www.fmg.ac.uk/people/charles-goodhart (Author)
- https://www.centralbanking.com/central-banks/governance/people/7959469/focus-is-needed-on-improving-central-bank-forecasts#:~:text=This%20is%20partially%20because%20the,to%20be%20much%20narrower%20the
- https://www.centralbanking.com/ (Official URL)