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  • A new fiscal strategy for Ireland 

    Lane, Philip R. (Economic & Social Studies, Dublin, 2009)
    Around the world, fiscal policy has been accorded a prominent role in the debate on responding to the sharp economic slowdown. In large part, this reflects the limited effectiveness of monetary policy, once policy rates ...
  • Fiscal policy and international competitiveness: evidence from Ireland 

    Galstyan, Vahagn; Lane, Philip R. (Economic & Social Studies, Dublin, 2009)
    Our goal in this paper is to investigate the relation between government spending and the long-run behaviour of the Irish real exchange rate. We postulate that an increase in government consumption should be associated ...
  • International diversification and the Irish economy 

    Lane, Philip R. (Economic & Social Studies, Dublin, 2000)
    We take an initial step in investigating the international diversification of Irish production risk. We find evidence that Ireland displays some properties associated with international risksharing. These include: high ...
  • On the cyclicality of Irish fiscal policy 

    Lane, Philip R. (Economic & Social Studies, Dublin, 1998)
    In this paper, we tackle the important issue of cyclicality in the behaviour of Irish fiscal policy. We first review arguments in favour of the optimality of countercyclical fiscal policy. Next we outline a political economy ...
  • The impact of fiscal shocks on the Irish economy 

    Benetrix, Agustin S.; Lane, Philip R. (Economic & Social Studies, Dublin, 2009)
    We study the short-run effects of shocks to government spending on Ireland?s output and its real exchange rate. We show that the impact of government spending shocks critically depend on the nature of the fiscal innovation. ...