Willem Buiter

Azerbaijan to move to DSGE model

National Bank of Azerbaijan will switch to consolidated DSGE framework by year-end; deputy research director says model valued for overall coherence and ability to factor in irrational behaviour

Top economists have their say on G20 summit

A group of 21 of the world's most prominent economists have called on officials from the G20 countries meeting in Washington this weekend to start thinking outside the box about longer-term reforms.

Can central banks go broke?

Central banks can go broke and have done so historically, Willem Buiter, a former member of the Bank of England's Monetary Policy Committee now a professor at the London School of Economics, states in a new research paper.

Central banks partly to blame for crunch

The creation of excessive global liquidity by key central banks was one of a number of phenomena that led to the current financial crisis, says Willem Buiter, a former member of the Bank of England's monetary policy committee, now an economics professor…

Comment: Flawed convergence criteria?

Willem Buiter and Anne Sibert, two London-based academics, have slammed the Maastricht criteria for entry into the eurozone. They point to a number of inconsistencies in way the conditions are applied and suggest that the current formulation "makes no…

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