Philip R. Lane

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Dr Philip R. Lane (born 27 August 1969) is an Irish economist. He currently is professor of international macroeconomics and director of the Institute for International Integration Studies (IIIS) at Trinity College, Dublin. 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 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. He is among the Top 500 Economists in the World according to IDEAS/RePEc.

His research interests include international economics, economic growth, European Monetary Union and Irish economic performance. He is best known for his work on the voracity effect by which a positive shock perversely reduces economic growth through more-than-proportionate fiscal redistribution[1] and for his measurements of the stocks of foreign assets and liabilities.[2]

Lane regularly appears in the media.[3]


  1. ^ A Tornell and PR Lane 1999: The Voracity Effect, American Economic Review 89: 22-46
  2. ^ PR Lane and GM Milesi-Ferretti, The External Wealth of Nations, Journal of International Economics 55: 263-294 doi
  3. ^ IHT, 1 Jun 2008

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