The BofE is interested in feedback on their research agenda, and I agreed
to circulate this document to the NBER CF group. Feel free to reply (or
not) to Michael if you have any thoughts.
Best,
Malcolm
---------- Forwarded message ----------
From: Kumhof, Michael <Michael.Kumhof_at_bankofengland.co.uk>
Date: Thu, Feb 26, 2015 at 7:12 AM
Subject: Bank of England One Bank Research Agenda - Discussion Paper
To: "mbaker_at_hbs.edu" <mbaker_at_hbs.edu>
Cc: "Price, Simon" <Simon.Price_at_bankofengland.co.uk>
Dear Malcolm,
I write to you in your position of Program Director of the NBER Corporate
Finance program.
I have recently taken up the position of Senior Research Advisor at the
Bank of England, where I will help to build up a new Research Hub with a
very ambitious, and wide-ranging, research agenda. The Bank of England is
one of only a handful of institutions in the world that are responsible for
all of monetary, macroprudential and microprudential policy. All of these
areas raise big questions, not least of which is the interaction between
them. Conventional thinking about these policies has been challenged by the
financial crisis. New policies and interventions have been deployed; new
financial regulations introduced; new supervisory practices
adopted. World-class policymaking requires frontier research. The Bank of
England is therefore publishing a coordinated One Bank Research Agenda,
spanning all aspects of central banking and focussing in particular on the
intersections between policy areas. The attached Discussion Paper gives
more details on the themes we have identified, setting out important
questions and issues under each of them.
Making progress on such a broad agenda requires input from and
collaboration with the wider community of academics, policy makers and
experts. By publishing these research questions, we aim to open up our
research agenda. We encourage feedback and debate on both the content of
our research agenda and on fruitful approaches for tackling questions
within it.
Several of the themes of this research agenda are closely connected to
corporate finance issues. It would therefore be wonderful if you could
share the Discussion Paper widely, and if possible with researchers on the
email distribution list of the NBER Corporate Finance program.
Many thanks, and best regards,
Michael Kumhof
Senior Research Advisor
The Research Hub
Room 332 HO-2 B-D
Bank of England
Threadneedle Street
London EC2R 8AH
Email: Michael.kumhof_at_bankofengland.co.uk
Telephone: +44-(0)207-601-3049
------------------------------
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------------------------------
--
Malcolm Baker
www.people.hbs.edu/mbaker
Received on Thu Feb 26 2015 - 15:27:37 EST
