Narrow search
Showing 1 - 10 of 60
Cover Image
Exchange Rates and Inflation Under EMU: An Update
Honohan, Patrick; Lane, Philip R. - C.E.P.R. Discussion Papers - 2004
-2001 had an important impact on inflation divergence within the EMU and in particular the surge in Ireland’s inflation to over … November of 2003. Regression analysis on quarterly inflation data across EMU members 1999.1-2004.1 confirms the importance of …
Persistent link: https://www.econbiz.de/10005789034
Cover Image
The Long or Short of it: Determinants of Foreign Currency Exposure in External Balance Sheets
Lane, Philip R.; Shambaugh, Jay C - C.E.P.R. Discussion Papers - 2008
Recently, there have been numerous advances in modelling optimal international portfolio allocations in macroeconomic models. A major focus of this literature has been on the role of currency movements in determining portfolio returns that may hedge various macroeconomic shocks. However, there...
Persistent link: https://www.econbiz.de/10005661478
Cover Image
The International Financial Integration of China and India
Lane, Philip R. - 2006
Three main features characterize the international financial integration of China and India. First, while only having a small global share of privately-held external assets and liabilities (with the exception of China's FDI liabilities), these countries are large holders of official reserves....
Persistent link: https://www.econbiz.de/10012733024
Cover Image
The International Financial Integration of China and India
Lane, Philip R.; Schmukler, Sergio - C.E.P.R. Discussion Papers - 2006
Three main features characterize the international financial integration of China and India. First, while only having a small global share of privately-held external assets and liabilities (with the exception of China’s FDI liabilities), these countries are large holders of official reserves....
Persistent link: https://www.econbiz.de/10005662395
Cover Image
Global bond portfolios and EMU
Lane, Philip R. - 2005
We examine the bilateral composition of international bond portfolios for the euro area and the individual EMU member … countries. We find considerable support for “euro area bias”: EMU member countries disproportionately invest in one another … linkages in explaining asymmetries across EMU member countries in terms of their outward and inward bond investments vis …
Persistent link: https://www.econbiz.de/10011604599
Cover Image
Fiscal Cyclicality and EMU
Bénétrix, Agustín S.; Lane, Philip R. - Institute for International Integration Studies (IIIS), … - 2012
For the set of EMU member countries, we examine cyclical patterns in fiscal outcomes. We find that there is significant … the creation of EMU. Furthermore, we show that the fiscal cycle is affected by the financial cycle in addition to the …
Persistent link: https://www.econbiz.de/10010904653
Cover Image
Current Account Imbalances in Europe
Lane, Philip R.; Pels, Barbara - Institute for International Integration Studies (IIIS), … - 2012
The European crisis is partly attributable to the sharp increase in external imbal- ances across Europe during the pre-crisis period. We examine current account imbal- ances in Europe over 1995-2007, together with the underlying saving and investment rates (and their subcomponents). We O?nd that...
Persistent link: https://www.econbiz.de/10010683771
Cover Image
The Irish Crisis
Lane, Philip R. - C.E.P.R. Discussion Papers - 2011
This paper has three goals. First, it seeks to explain the origins of the Irish crisis. Second, it provides an interim assessment of the Irish government’s management of the crisis. Third, it evaluates the lessons from Ireland for the macroeconomics of monetary unions.
Persistent link: https://www.econbiz.de/10008861903
Cover Image
Fiscal cyclicality and EMU
Bénétrix, Agustín S.; Lane, Philip R. - In: Journal of International Money and Finance 34 (2013) C, pp. 164-176
For the set of EMU member countries, we examine cyclical patterns in fiscal outcomes. We find that there is significant … the creation of EMU. Furthermore, we show that the fiscal cycle is affected by the financial cycle in addition to the …
Persistent link: https://www.econbiz.de/10011048459
Cover Image
Current Account Imbalances in Europe
Lane, Philip R.; Pels, Barbara - C.E.P.R. Discussion Papers - 2012
The European crisis is partly attributable to the sharp increase in external imbalances across Europe during the pre-crisis period. We examine current account imbalances in Europe over 1995-2007, together with the underlying saving and investment rates (and their subcomponents). We find that the...
Persistent link: https://www.econbiz.de/10011084124