We use necessary cookies to make our site work (for example, to manage your session). We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies.
Necessary cookies
Analytics cookies
Yes
Yes
Yes
No
Necessary cookies
Necessary cookies enable core functionality on our website such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.
Analytics cookies
We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. For more information on how these cookies work please see our Cookie policy.
The Institutions of Monetary Policy - speech by Mervyn King
The Ely Lecture is one of the centrepieces of the Annual Meetings of the American Economic Association. The Lecture is named after Richard T Ely, one of the founder members of the American Economic Association, founded in 1888. The American Economic Association was set up for the purpose of encouraging economic research and discussion, and its membership is predominantly academic.
Published on
04 January 2004
The Annual Meetings will be held between 3 and 5 January 2004 in San Diego, California.
In his lecture, Mervyn King, Governor of the Bank of England, sets out for an academic audience some key theoretical questions lying behind current approaches to monetary policy, and in particular, the nature of monetary institutions.