Philip LANE


Prof Lane's Homepage


Philip R. Lane is Professor of International Macroeconomics and Director of the Institute for International Integration Studies (IIIS). He received a doctorate in Economics at Harvard University in 1995 and was an Assistant Professor of Economics and International Affairs at Columbia University during 1995-1997 before joining TCD in 1997. He is a research fellow of the Centre for Economic Policy Research (CEPR) and has been a visiting scholar at the International Monetary Fund and the Federal Reserve Bank of New York and a consultant to the European Commission. His research interests include international macroeconomics, economic growth, European Monetary Union and Irish economic performance. He is managing editor of the Economic and Social Review and is on the editorial boards of the Journal of European Economic Association, International Journal of Central Banking, Open Economies Review and Economics and Politics. During the 2004 - 2005 academic year, he is on leave as a Government of Ireland Research Fellow, funded by the Irish Research Council on Humanities and Social Sciences. During his leave, he is a visiting fellow at the Centre for Economic Performance (CEP) at the London School of Economics and at Harvard University.

Recent Publications

  • 'Surviving the Slowdown, Monitoring the European Central Bank 4 (with David Begg, Fabio Canova, Antonio Fatas, Paul de Grauwe), CEPR, April 2002.
  • 'External Wealth, the Trade Balance and the Real Exchange Rate', (with Gian Maria Milesi-Ferretti), European Economic Review 46, June 2002, pp. 1049-1071.
  • 'Long-Run Determinants of the Irish Real Exchange Rate'. (with Gian Maria Milesi-Ferretti), Applied Economics 34(5), March 2002, pp. 549-553.
  • 'TheExternal Wealth of Nations: Measures of Foreign Assets and Liabilitiesfor Industrial and Developing Nations' (with Gian Maria Milesi-Ferretti), Journal of International Economics 55, December 2001, pp. 263-294
  • 'Do International Investment Income Flows Smooth Income?', Weltwirtschaftliches Archiv 137(4), December 2001, pp. 714-736.
  • 'The Empirics of Foreign Reserves', (joint with Dominic Burke), Open Economies Review, 12(4), October 2001, pp. 423-434.
  • 'The National Pensions reserve Fund: Pitfalls and Opportunities', in Economic Problems of Ireland in Europe, Economics and Social Research Institute, August 2001.
  • 'Long-Term Capital Movements', (with Gian Maria Milesi-Ferretti), NBER Macroeconomics Annual 16, May 2002, MIT Press.
  • 'External Capital Structure: Theory and Evidence', (with Gian Maria Milesi-Ferretti), in Horst Siebert (ed.), The World's New Financial Landscape: Challenges for Economic Policy, Berlin, Heidelberg: Springer-Verlag, September 2001.
  • 'Will The Euro Stimulate More Monetary Unions in Africa?', joint with Patrick Honohan, in EMU and Its Impact on Europe and Developing Countries (C.Wyplosz, ed.), Oxford University Press. Also released as WorldBank Policy Research Working Paper No. 2393 (July 2000) and as UNU/WIDERWorking Paper No. 176 (April 2000).
  • 'International Trade and Economic Convergence: The Credit Channel.'' Oxford Economic Papers, April 2001
  • 'The New Open Economy Macroeconomics: A Survey' Journal of International Economics, 54(2), August 2001. pp. 235-266.
  • 'Money Shocks and the Current Account.'' in Money, Factor Mobility and Trade: Essays in Honor of Robert Mundell (G. Calvo, R. Dornbusch and M. Obstfeld, eds.), Cambridge, MA: MIT Press, 2001.
  • 'Asymmetric Shocks and Monetary Policy in a Currency Union.'' Scandinavian Journal of Economics, 102(4), December 2000, 585-604.
  • 'Where Do the Irish Invest?' (with Patrick Honohan). Irish Banking Review,Autumn 2000, 12-23.
  • 'Does Deposit Insurance Stimulate Capital Inflows?' (with Selen Sarisoy). Economics Letters, 69(2), November 2000, 193-200.
  • 'International Investment Positions: A Cross-Sectional Analysis' Journalof International Money and Finance, 19(4), August 2000, 513-534.
  • 'Disinflation, Switching Nominal Anchors and Twin Crises: The Irish Experience.' Journalof Policy Reform, 3(4), March 2000, 301-326.
  • ' InternationalDiversification and the Irish Economy', Economic and Social Review,31, 37-54, January 2000.

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Last Updated 09-11-04
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