Philip R. Lane's Recent Research
" External Imbalances and the Extensive Margin of Trade" (with Vahagn Galstyan), IIIS Discussion Paper No. 259, August 2008. Forthcoming in Economic Notes
" The Composition of Government Spending and the Real Exchange Rate" (with Vahagn Galstyan), IIIS Discussion Paper No. 257, July 2008.
" The Long or Short of it: Determinants of Foreign Currency Exposure in External Balance Sheets" (with Jay Shambaugh), IIIS Discussion Paper No. 253, June 2008. Prepared for the IMF Conference on International Macro-Finance.
" Where Did All the Borrowing Go? A Forensic Analysis of the U.S. External Position" (with Gian Maria Milesi-Ferretti), IIIS Discussion Paper No. 239. Prepared for the NBER-TCER-CEPR 20th Anniversary Conference on Financial Globalization, Tokyo, September 4th 2007. Revised version (October 2008) forthcoming in Journal of the Japanese and International Economies.
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Financial Exchange Rates and International Currency Exposures"
(with Jay Shambaugh), IIIS Discussion Paper No. 229. Revised
Version, September 2008.
" Currency Unions and Irish External Trade," (with Christine Dwane and Tara McIndoe). IIIS Discussion Paper No. 189. Revised version forthcoming in Applied Economics.
" EMU and Financial Market Integration," IIIS Discussion Paper No 248. Prepared for the Annual Economics Conference of the Austrian Central Bank.
" Discussion of Financial globalisation, governance and the evolution of the home bias" by Bong-Chan Kho, Ren M Stulz and Francis E Warnock, in BIS Working Papers No 220, December 2006.