Kate Barker's picture
Affiliation: 
British Coal Staff Superannuation Scheme and University Superannuation Scheme
Credentials: 
former member of the Bank of England Monetary Policy Committee

Voting history

Towards a High-Wage, High-Productivity Economy

Question 2: What is your evaluation of the following statement: “A well-designed government-stipulated wage increase can lead to higher productivity”?

Answer:
Agree
Confidence level:
Not confident

Post-Covid Fiscal Rules for the UK

Question 2: What impact has the sequence of fiscal rules adopted in the UK since 1997 had on the conduct of fiscal policy in the UK?

Answer:
Improved
Confidence level:
Confident

Question 1:  What impact has the sequence of fiscal rules adopted in the UK since 1997 had on the level of UK public debt? 

Answer:
Reduced
Confidence level:
Not confident

Monetary Policy and Inequality

Question 1: How large is the impact of monetary policy on the joint distribution of income and wealth?

Answer:
Large
Confidence level:
Confident
Comment:
Good monetary policy which managers cycles well will support less inequality stemming from hysteresis. Poor monetary policy would have the opposite effect. The persistent decline in long-term real interes rates may well be due to other factors and only somewhat to active monetary policy = some aspects of the weather monetary policy cannot change.

Question 2: What role should inequality play in the monetary policy decisions (interest rate policy and quantitative easing)?

Answer:
Minimal role
Confidence level:
Confident

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