Paris La Défense – September 16th 2014 at 6.30PM
Background information of Panellists
Professor Charles A.E. Goodhart (London School of Economics)
Charles Goodhart was the Norman Sosnow Professor of Banking and Finance at the London School of Economics until 2002; he is now an Emeritus Professor in the Financial Markets Group there.
Before joining the London School of Economics in 1985, he worked at the Bank of England for seventeen years as a monetary adviser, becoming a Chief Adviser in 1980. During 1986, Prof. Goodhart helped to found, with Prof. Mervyn King, the Financial Markets Group at London School of Economics, which began its operation at the start of 1987. In 1997, he was appointed one of the outside independent members of the Bank of England’s new Monetary Policy Committee until May 2000.Earlier he had taught at Cambridge and London School of Economics.
Besides numerous articles, he has written a couple of books on monetary history, and a graduate monetary textbook, Money, Information and Uncertainty (2nd Edition 1989); and has published two collections of papers on monetary policy, Monetary Theory and Practice (1984) and The Central Bank and The Financial System (1995); and an institutional study of The Evolution of Central Banks, revised and republised (MIT Press) in 1988.
Charles Goodhart was also one of the leading academics to participate to the preparatory work prior to the establishment of the Economic and Monetary Union (EMU) to reflect on the pre-requisites to make the euro area single currency sustainable.
Professor Daniel Thornton (Federal Reserve Bank of St. Louis)
Daniel L. Thornton is Vice President and Economic Advisor at the Federal Reserve Bank of St. Louis.
Mr. Thornton joined the Research Department of the Federal Reserve Bank of St. Louis in 1981 as a staff economist. He was promoted to his current position in 1998. He has published numerous articles in the Federal Reserve Bank of St. Louis Review and in both economics and finance journals.
He is an Associate Editor of the Journal of Banking and Finance, the Journal of International Financial Markets Institutions and Money, Applied Economics Letters, and Applied Financial Economics, and is a Research Fellow at the Centre for Finance and Credit Markets.
He is also a member of the Board of the St. Louis Council on Economic Education and a Trustee of the Missouri Council on Economic Education. He is a native of Clinton, Iowa and received his Ph.D. in economics from the University of Missouri-Columbia in 1976.
Professor Francesco Paolo Mongelli
Francesco Paolo Mongelli is Senior Adviser in Directorate General Research at the European Central Bank, and honorary Professor of Economics at the Johann Wolfgang Goethe University of Frankfurt.
He currently works on three main research areas: (a) EU/euro area governance and institutional integration; (b) convergence versus divergence, and monetary policy and heterogeneity; and (c) payment system innovation, regulation and competition.
He holds a BA in Economics from the Free University for Social Studies (LUISS) in Rome, and also a Master’s degree and a Ph.D. in Economics from the Johns Hopkins University in Baltimore. He has worked at the ECB since 1998 as organiser of the research agenda of Economics, co-organiser of several ECB Central Banking Conferences and various workshops and seminars, editor of the ECB Occasional Paper Series and the monetary sections of the ECB Monthly Bulletin, and in the Directorate Monetary Policy.
Prior to that, he spent several years as an economist at the International Monetary Fund in Washington. Mr. Mongelli also teaches Economics of Monetary Unions at the Johann Wolfgang Goethe University of Frankfurt.
His papers have been published in various outlets including the Journal of Money Credit and Banking, the Journal of Common Market Studies, Integration and Trade, Economie Internationale, Bancaria, and the Journal of Economic Integration.
Professor Alain Durré (IÉSEG-School of Management)
Alain Durré is currently Associate Professor of Finance at IÉSEG-School of Management.
Until September 2014, he was Principal Economist in the Monetary Policy Strategy Division of the Directorate General Economics of the European Central Bank. He is also a member of the Centre National de la Recherche Scientifique in France (LEM-CNRS).
On occasion he also acts as monetary policy advisor for the International Monetary Fund on topics related to the money market and the conduct of monetary policy (strategy and implementation) and is teaching as visiting professor at the Economics School of Louvain from the Université catholique de Louvain (Belgium).
He was educated at Facultés universitaires Saint-Louis (Belgium), Universität Mannheim (Germany) and at the Université catholique de Louvain from which he holds a PhD in monetary economics. He also spent previously some time as researcher at Deutsche Bank (Frankfurt-am-Main) and at the London School of Economics (United Kingdom) during his PhD programme and worked at the National Bank of Belgium before joining the European Central Bank in 2004.
He has published various papers on monetary and financial economics in many leading academic journals. In 2005 he was awarded the Josseph de la Vega Prize for his work on the microstructure analysis of the Euronext Stock Exchange focusing on volatility regimes and the provision of liquidity in order book markets.