Macroeconomic Policy under EMU

During 2007-2010, I am leading an IRCHSS-sponsored thematic research project "An Analysis of the Impact of European Monetary Union on Irish Macroeconomic Policy". 

During 2007-2008, the research team also included a post-doctoral research fellow Vahagn Galstyan and TCD PhD students Agustin Benetrix and Martin Schmitz.

Durinh 2008-2009, Vahagn Galstyan has moved on to a lectureship in economics at TCD but remains part of the team. Agustin Benetrix is the research fellow for 2008-2009, while the PhD students working on the project are Christiane Hellmanzik and Peter McQuade.

The first publication from this project is "Fiscal Policy for a Slowing Economy", which was published by the ESRI in its Budget Perspectives 2008 volume. I have written a summary of this paper for the RGE European EconoMonitor blog.

In July 2008, we have released a new research paper under this project: "The Composition of Government Spending and the Real Exchange Rate" (IIIS Discussion Paper No. 257 by Vahagn Galstyan and Philip R. Lane).

In October 2008,  I presented a paper "Setting a Course for Irish Fiscal Policy"  to the ESRI Budget Perspectives 2009 conference.