Publications

There are 4 sections on this page:

  • Official sector reports I contributed to.
  • Publications which were not refereed eg magazines etc.
  • Whole books, jointly or solely authored.
  • Formal, refereed academic publications in journals and contributions to books which had editorial review.

Section A   Official sector reports in the public domain:

  1. ‘Accelerating Green Finance’, a Report to Government by the UK Green Finance Task Force, London, March 28, 2018.
    Link: Green Finance Task Force report.
  2. ‘Financing a Sustainable European Economy: Final Report 2018’ High-Level Expert Group on Sustainable Finance.  Brussels, January 31, 2018.
    Link: HLEG Report.
  3. Foreign Exchange Benchmarks.  Final Report’,
    a report by an FSB working Group co-chaired with G Debelle.
    Financial Stability  Board, September 30, 2014.
    Link: The FSB fx fixes report, final.
  4. ‘Foreign Exchange Benchmarks – consultation paper’,
    a report by an FSB working group co-chaired with G Debelle.
    Financial Stability Board, July 15, 2014.
    Link: Consultation Paper
  5. ‘Interactions of Sovereign Debt Management with Monetary Conditions and Financial Stability’, CGFS Working Paper 42.  The Committee on the Global Financial System, Basel, May 2011. Written by a CGFS working group I chaired.
    Available on the website of the Bank for International Settlements.
    Link: 
    CGFS report on debt management.

Section B   A list of contributions to non-refereed publications, excluding newspapers (sorry, no links available to this section):

  1. ‘A Rate That Doesn’t Rate’ in Financial World, the journal of the London Institute of Banking and Finance, published in association with the CSFI. October/November 2017, pp6-7.
    A piece on the future demise of Libor.
  2. ‘Outlook Changeable’ in Financial World,  the journal of the London Institute of Banking and Finance, published in association with the CSFI. December/January 2016-2017, pp7-8.
    A piece on the financial risks from climate change.
  3. ‘Playing by the Rules’ in Financial World, the journal of the then ifs University College, published in association with the CSFI.
    June/July 2016, page 6.
    A piece on the regulatory reform agenda.
  4. ‘The impact of climate change on the objectives of central banks’ in Views. the EUROFI Magazine. Amsterdam.  April 2016, page 86.
    Summary of my presentation at the Eurofi High-Level Seminar, Amsterdam, 20-22 April, 2016.
  5. ‘Co-ordination of policy at the Bank of England’ in London Business Matters, March 2015, pp 6-7.  The journal of the London Chambers of Commerce.
    A piece on co-ordinating the MPC, FPC and PRA policies.
  6. ‘A new fix era’ in Profit and Loss, London, January/February 2015, 16/157 pages 28-29.  With G Debelle (2015).
    About the FSB fx fix report, published in the form of a Q&A.
  7. What should be foreign to financial benchmarks’ in Financial World, the journal of the then ifs University College, published in association with the CSFI. December/January, 2014-15 pp 6-7.
    With G Debelle.
    About the FSB fx fix report.
  8. ‘The role of forward guidance in supporting the UK economy’ in Profit and Loss, London, April 2014, 15/150 pages 16-17.
    A piece on forward guidance.
  9. ‘Looking forward’, in Financial World, the journal of the then ifs University College, published in association with the CSFI. November 2013, page 8.
    A piece on forward guidance.
  10. ‘The UK economy: where are we now, are there signs of recovery and what role does the financial community have in this?’ in The International Banker, Spring 2013,
    pp7-8.  Published by the Worshipful Company of International Bankers.
    A piece on current economic conditions.
  11. ‘What QE does for business’ in Institute of Directors Northern Ireland News, November/December 2012, page 12.
    A piece on QE.
  12. ‘Guardian of Stability’ in Financial World, the journal of the then ifs School of Finance, published in association with the CSFI. May 2012, pp28-29.
    A piece describing the new Financial Policy Committee.
  13. ‘Bank of England’s Paul Fisher’ in Profit and Loss, London, September 2013, 5/44, pages 46-48.
    A personal profile.

Section C   Books : sole or jointly authored:

  1. Rational Expectations in Macroeconomic Models. PG Fisher
    (Published version of PhD Thesis).  Kluwer Academic Publishers (1992).
  2. Models of the U.K. Economy: a Fourth Review by the ESRC Macroeconomic Modelling Bureau. Oxford University Press.
    With K F Wallis (ed.) J A Longbottom, D S Turner and J D Whitley (1987).
  3. Models of the U.K. Economy: a Third Review by the ESRC Macroeconomic Modelling Bureau. Oxford University Press.
    With K F Wallis (ed.) M J Andrews, J A Longbottom, and J D Whitley (1986).
  4. Models of the U.K. Economy: a Second Review by the ESRC Macroeconomic Modelling Bureau. Oxford University Press.
    With K F Wallis (ed.) M J Andrews, D N F Bell, and J D Whitley (1985).
  5. Models of the U.K. Economy: a Review by the ESRC Macroeconomic Modelling Bureau. Oxford University Press.
    With K F Wallis (ed.) M J Andrews, D N F Bell, and J D Whitley (1984).

Section D    List of academic publications in refereed journals, working paper series
or book chapters:

  1. ‘Competition and Prudential Regulation’. Bank of England Staff Working Paper 675.
    With P Grout (2017).
  2. ‘Tail risks and contract design from a financial stability perspective’, in
    Developments in Macro-finance Yield Curve Modelling, Chadha, Durre, Joyce and Sarno (eds) pp121-137.  Cambridge University Press. With P Edsparr (2014).
  3. ‘The Bank’s balance sheet during the crisis’, Bank of England
    Quarterly Bulletin, 50, 34-42.  With M Cross and O Weeken (2010).
  4. ‘Explaining and forecasting exchange rates with order flows: Comments.’
    Economie Internationale, 96, 129-133. With R Hillman (2003).
  5. ‘Macroeconomic models at the Bank of England’, in Econometric Modelling:
    Techniques and Applications
    , Holly and Weale (eds), Cambridge University Press.
    With J D Whitley (2000).
  6. ‘Economic theory and econometric dynamics in modelling wages and prices in the United Kingdom.’ Empirical Economics, 24, 483-507.  With G Bardsen (1999).
  7. ‘Business cycles: real facts or fallacies?’ in Econometrics and Economic Theory in the 20th Century: The Ragnar Frisch Centennial Symposium, (Strom, ed) pp499-527,
    Cambridge University Press.  With G Bardsen and R Nymoen (1998).
  8. ‘The inflation report projections: understanding the fan chart.’
    Bank of England Quarterly Bulletin, 38, 30-37. With E Britton and J D Whitley (1998).
  9. ‘Utilser l’ecart de production pour prevoir l’inflation: l’experience de la Banque d’Angleterre.’  Economie Internationale, 69, 135-152.
    With L Mahadeva and J D Whitley (1997).
  10. ‘The output gap and inflation: the experience of the Bank of England.’ in
    Monetary Policy and the Inflation Process, pp68-90. Bank for International Settlements Conference Papers, vol 4.  With L Mahadeva and J D Whitley (1997).
  11. ‘M0: causes and consequences.’ The Manchester School, LXIV, 4, 371-387.
    With F J Breedon (1996).
  12. ‘Interest rate effects in the Bank of England’s medium-term forecasting model.’ in Financial Structure and the Monetary Policy Transmission Mechanism, pp537-562.
    Bank for International Settlements.  With S K Dhar, A M Holland and D L Pain (1995).
  13. ‘Monetary Policy in the United Kingdom.’ Economics and Business Education,
    Vol II.2, 6, 79-83. With S Hudson, (1994).
  14. ‘The determination of M0 and M4.’ Bank of England Quarterly Bulletin, 34.
    With F J Breedon (1994).
  15. ‘Divisia measures of money.’ Bank of England Quarterly Bulletin, 33, 240-255.
    With S Hudson and M Pradhan (1993).
  16. ‘The exchange rate, forward expectations, and the properties of macroeconomic models.’ Macroeconomic Modelling of the Long Run, Hargreaves (ed), pp207-208. Edward Elgar Publishers. With D S Turner (1993).
  17. ‘Nonstationary model solution techniques and the USA algorithm; some practical experience.’ Journal of Economic Dynamics and Control, 16, 109-116.
    With A J Hughes Hallett (1992).
  18. ‘Seasonality in large-scale macroeconometric models.’
    Journal of Forecasting, 11, 255-270. With K F Wallis (1992).
  19. ‘The historical tracking performance of U.K. macroeconomic models 1978-85.’ Economic Modelling, 7, 179-197. With K F Wallis (1990).
  20. ‘On economic structures and model solution methods: or should econometricians use Newton methods for model solution?’
    Oxford Bulletin of Economic Statistics, 52, 311-324.  With A J Hughes Hallett (1990).
  21. ‘Econometric evaluation of the exchange rate in models of the U.K. economy.’ Economic Journal, 100, 1230-1244.
    With S K Tanna, D S Turner, K G Wallis and J D Whitley (1990).
  22. ‘Comparative properties of models of the U.K. economy.’ National Institute Economic Review, 129, 69-88.  With S K Tanna, D S Turner, K G Wallis and J D Whitley (1989).
  23. ‘Comparative properties of models of the U.K. economy.’ National Institute Economic Review, 133, 91-104.  With D S Turner, K G Wallis and J D Whitley (1989).
  24. ‘An efficient solution strategy for solving dynamic nonlinear rational expectations models.’ Journal of Economic Dynamics and Control, 12, 635-657.
    With A J Hughes Hallett (1988).
  25. ‘Iterative techniques for solving simultaneous equation systems: a view from the economics literature.’  Journal of Computational and Applied Mathematics.  24, 241-255. With A J Hughes Hallett (1988).
  26. ‘Comparative properties of models of the U.K. economy.’  National Institute Economic Review, 125, 69-87.  With S K Tanna, D S Turner, K G Wallis and J D Whiley (1988).
  27. ‘The convergence characteristics of iterative techniques for solving econometric models.’ Oxford Bulletin of Economics and Statistics, 49, 231-244.
    With A J Hughes Hallett (1987).
  28. ‘Efficient solution techniques for dynamic nonlinear rational expectations models.’ Journal of Economic Dynamics and Control, 10, 139-145.
    With S Holly and A J Hughes Hallett (1986).
  29. ‘On evaluating the importance of non-linearity in large macroeconometric models.’ International Economic Review, 27, 625-646. With M H Salmon (1986).
  30. ‘Models of the UK economy and the real wage-employment debate.’ National Institute Economic Review, With M J Andrews, D N F Bell, K F Wallis and J D Whitley (1985).