Michael Kumhof
Michael Kumhof is a German researcher and economist. He is the
senior research advisor in the Bank of England's research hub. He is most known for his research into the financial system, income inequalities and the oil supply.
In his previous work at the IMF, he was responsible for developing the International Monetary Fund's Global Integrated Monetary and Fiscal Model. The model is used for IMF policy and scenario analyses in multilateral and bilateral surveillance, for the World Economic Outlook, and for G20 work. It is also used by several central banks.
As a researcher, one of Kumhof's most noticed publications is the IMF working paper The Chicago Plan Revisited, in which he and co-author Jaromir Benes use modern tools to analyse the Chicago plan, a collection of banking reforms suggested by University of Chicago economists in the wake of the Great Depression. It has been called IMF's epic plan to conjure away debt and dethrone bankers.
Other noticeable publications are: the IMF working paper "Inequality, Leverage and Crises: The Case of Endogenous Default", in which the authors Kumhof et al. studies how crises can arise as a result of increasing income inequalities;
senior research advisor in the Bank of England's research hub. He is most known for his research into the financial system, income inequalities and the oil supply.
In his previous work at the IMF, he was responsible for developing the International Monetary Fund's Global Integrated Monetary and Fiscal Model. The model is used for IMF policy and scenario analyses in multilateral and bilateral surveillance, for the World Economic Outlook, and for G20 work. It is also used by several central banks.
As a researcher, one of Kumhof's most noticed publications is the IMF working paper The Chicago Plan Revisited, in which he and co-author Jaromir Benes use modern tools to analyse the Chicago plan, a collection of banking reforms suggested by University of Chicago economists in the wake of the Great Depression. It has been called IMF's epic plan to conjure away debt and dethrone bankers.
Other noticeable publications are: the IMF working paper "Inequality, Leverage and Crises: The Case of Endogenous Default", in which the authors Kumhof et al. studies how crises can arise as a result of increasing income inequalities;
Ebooks
