Staff Research Activities
Oct 21, 2009
The launch of Dr Sean Barrett's book Deregulation and the Airline Business in Europe this summer by Routledge of Oxford and New York acknowledges his role as one of the leading analysts and advocates of airline deregulation. In the foreword, Professor Alfred Kahn, the leading US authority on airline deregulation writes that 'the gains from policy entrepreneurship by Sean Barrett, his disciples and supporters in promoting and achieving the deregulation of European aviation have been immense. This volume chronicles that historic process.' Two of these disciples launched the book - former student and Ryanair CEO, Michael O'Leary and former Minister Desmond O'Malley, a parliamentary advocate of airline deregulation. He also contributed to the special 90th birthday edition of the Journal of Network Economics in honour of Alfred Kahn and is a member of the OECD round table of transport experts. In the last year he has also published at the Institute of Economic Affairs , London , on the Supreme Court decision on risk equalisation in the health insurance sector. His article on taxi deregulation has also been accepted for publication by the Institute. He is currently preparing a response to the Public Transport Regulation Bill, 2009.
Catia Batista and Gaia Narciso
Catia Batista and Gaia Narciso were awarded funding from the Norface research program for the project "Migration and Information Flows". This project will entail conducting two surveys of immigrants in Ireland spaced over a one-year period. Between surveys, sampled immigrants will receive phone call credits and information from the first survey. The aim will be to measure how this experimental variation in information flows will affect the arrival of new immigrants, return migration decisions and remittance flows.
Dudley Cooke's paper "Openness and Inflation" will be published next year in the Journal of Money, Credit and Banking.
In 2009, Eleanor Denny published three peer-reviewed journal articles: "The Economics of Tidal Energy" and "The Impact of Carbon Prices on Generation Cycling Costs" in the Energy Policy journal and "Unit Commitment for Systems with Significant Wind Penetration" in the IEEE Transactions on Power Systems. She also wrote an editorial for the Modern Energy Review published for the United Nations Framework on Climate Change. In January 2009 she organised a one-day seminar on challenges facing the Irish Electricity Industry that was attended by over 150 academics and industry participants.
Jointly with Philip R. Lane , Vahagn Galstyan is the author of "Fiscal Policy and International Competitiveness: Evidence from Ireland ," Economic and Social Review (Autumn 2009) and "The Composition of Government Spending and the Real Exchange Rate," Journal of Money, Credit and Banking (September 2009).
Philip R. Lane
In addition to his work with Vahagn Galstyan, his recent publications include "A New Fiscal Strategy for Ireland", Economic and Social Review (Summer 2009). He continues to work on fiscal topics, much of it in collaboration with postdoctoral fellow Agustin Benetrix.
In addition, his collaborative project with Jay Shambaugh ( Dartmouth College ) has yielded two forthcoming publications: "Financial Exchange Rates and International Currency Exposures," American Economic Review, March 2010; and " The Long or Short of It: Determinants of Foreign Currency Exposure in External Balance Sheets," Journal of International Economics, forthcoming.
During 2009, he has been appointed as a managing editor of the journal Economic Policy. In addition, he has been appointed a member of the National Statistics Board and the Bellagio Group. He has also received a grant from Fondation Banque de France for the project "International Leverage." He has been a visiting scholar at the International Monetary Fund and the Federal Reserve Bank of New York during 2009.
His PhD student Martin Schmitz has an article " Financial Markets and International Risk Sharing " forthcoming in Open Economies Review. Another PhD student Peter McQuade is an intern at DG-ECFIN during October 2009 to March 2010.
Finally, he is the founder of The Irish Economy blog which has become a popular forum for discussion and analysis of the Irish economy.
Antoin Murphy has recently contributed to John Law: Économiste et homme d'état (Peter Lang, Brussels, 2007), pp. 447 and The Genesis of Macroeconomics: New Ideas from Sir William Petty to Henry Thornton (Oxford University Press, 2008). He has also recorded two programmes on Scottish television concerning John Law: 1) BBC Scotland in the series 'Scots who Made the Modern World' and 2) Scottish Television (STV) in the series 'The Greatest Scot: Inventors and Entrepreneurs'. He recently recorded a programme for the Financial Channel of Chinese Television as part of a series on the power of the corporation. This programme will be broadcast in May 2010. He has also been contracted by the Liberty Fund to provide a new translation, along with an introduction, to Cantillon's Essai sur la nature du commerce en general.
John O'Hagan organised a conference on National Identity, Culture and the Wealth of Nations in April 2009; the conference proceedings (including his own paper) will be published in a special issue of the Journal of Irish and Scottish Studies this Autumn.
Three of John O'Hagan's students had notable successes in 2009. Christiane Hellmanzik had papers published in the European Economic Review and the Journal of Cultural Economics. Marta Zieba had a paper published in the Journal of Cultural Economics. Karol Borowiecki won the Best Poster Award at a conference in Linz in July 2009. Three other papers by graduate students are under review at journals.
John O'Hagan is involved in a major study of the History and Current Status of the Relationship of Trinity College with its neighbouring cultural institutions, with a second Workshop to be held in November 2009.
In September 2009, Kevin O'Rourke became President of the European Historical Economics Society and was elected to the Royal Irish Academy this spring.
The Cambridge Economic History of Modern Europe (2 volumes, edited by Stephen Broadberry and Kevin O'Rourke) will be published by Cambridge University Press in March 2010.
He recently published "Did Vasco da Gama matter for European markets?" Economic History Review (with Jeffrey G. Williamson) (2009). Dr Sibylle Lehmann, who was supervised by Kevin O'Rourke, is publishing two chapters of her thesis: 'Chaotic Shop-Talk or Efficient Parliament? The Reichstag, the Parties, and the Problem of Governmental Instability in the Weimar Republic', Public Choice, forthcoming and 'The German elections in the 1870s: who caused the turn towards protectionism?', Journal of Economic History, forthcoming.
In 2009, Jacco Thijssen published "Irreversible Investment and Discounting: An Arbitrage Pricing Approach", In Press: Annals of Finance , doi: 10.1007/s10436-008-0108-4. He also received a grant for the project "Exploring the Fagel Collection: Early Modern Policymakers and the Library that Informed them" from the Long Room Hub Research Initiative Funding Scheme.
Pedro Vicente's paper "Does Oil Corrupt? Evidence from a Natural Experiment in West Africa " will be published in the next issue of the Journal of Development Economics. He has also earned a grant from the International Growth Centre to conduct research in Mozambique on political participation.