Readers of this blog may be interested in an event taking place tomorrow at the Dublin Writers Museum. José Manuel González-Páramo, Member of the Executive Board of the European Central Bank since 2004, will be delivering an address entitled “Globalisation, international financial integration and the financial crisis: The future of European and international financial market regulation and supervision.”
More information can be found here
To register for this event call Shane on 01 874 67 56
Governor Honohan delivered a speech to the Trinity College Alumni Career Network this morning: you can read it here.
Novelist John Lanchester is giving a public lecture at the London School of Economics this coming Thursday linked to the launch of his new book, Whoops – an anlysis of the financial crisis. The FT and the Sunday Times both carried extracts over the weekend. I was particularly struck by his comments on behavioural economics:
I have a confession to make about Kahneman and Tversky. I’d never heard of them until Kahneman won the Nobel, and when I first read about their work it seemed to me to consist of things that were surprising only to economists.
You can read the full extract here.
The Irish Times and other media today carried a report on the publication of a new globalisation index produced by Ernst & Young which places Ireland third on the globalised states list. The EY index joins an increasingly crowded field, so what follows is a bluffer’s guide to globalisation indices. As always, a good starting point (but never more than that) is the relevant Wikipedia entry.
In this new IIIS Discussion Paper, I discuss the potential role of fiscal policy in stabilising the external account. The main focus is on the management of imbalances within the euro area; I pay particular attention to the Irish situation.
You can download the paper here.