Philip R. Lane

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Philip Richard Lane (born August 27, 1969 ) is an Irish economist and since June 2019 a member of the board of directors and chief economist of the European Central Bank . He was previously President of the Central Bank of Ireland from 2015 to 2019 .

Life

Philip R. Lane studied economics at Trinity College Dublin , where he graduated in 1991 with a bachelor's degree. He then continued his studies at Harvard University in the USA , where he received a master's degree in 1993. He then took up a doctorate at Harvard and received his doctorate in 1995 with the work Essays in International Macroeconomics . He then worked for two years as an assistant professor of economics and international relations at Columbia University . In 1997 he returned to Trinity College Dublin as a professor. From 2002 to 2008 he was head of the interdisciplinary Institute for International Integration Studies , which dealt with issues of globalization. In 2004 he was appointed Professor of International Macroeconomics at Trinity College , and in 2012 he became Whately Professor of Political Economy.

In addition, Lane has been a fellow at the Center for Economic Policy Research in London since 1997 and at the Kiel Institute for the World Economy since 2005 . In 2007 he was accepted as a member of the Royal Irish Academy .

Lane became President of the Central Bank of Ireland in November 2015 . In February 2019, the finance ministers of the Eurogroup proposed him to succeed Peter Praet as the next chief economist of the European Central Bank . After confirmation by the European Council , he then took up his post on the Executive Board of the ECB in June 2019.

Lane is a fan of Liverpool FC football club .

Monetary and economic policy positions

In terms of monetary policy, Philip R. Lane is seen as a so-called “dove”, ie as a supporter of a more relaxed monetary policy . During his tenure as central bank governor in Ireland, Lane has repeatedly called for the state to be careful with its money. In the summer of 2018, he called for “more ambitious budget surpluses”. Lane supports European bonds in the form of so-called "Esbies", in which Euro states borrow money together and each country is liable according to its capital share.

Works

  • Edited with Mick Devereux , Cyn-Young Park and Shang-Jin Wei : The Dynamics of Asian Financial Integration: Facts and Analytics , Routledge, 2010.

Web links

Individual evidence

  1. ^ A b Philip Lane: Curriculum Vitae. Retrieved March 25, 2020 (English).
  2. ↑ Our Senior Team - Bios | Central Bank of Ireland. Retrieved February 18, 2019 .
  3. ^ A b c Philip Plickert, Marcus Theurer, London: Change of staff in the ECB: The new right hand of Mario Draghi . ISSN  0174-4909 ( faz.net [accessed February 18, 2019]).
  4. ↑ tagesschau.de: Irishman Lane is to become the new chief economist of the ECB. Retrieved February 18, 2019 .
  5. ↑ tagesschau.de: Irishman Lane is to become the new chief economist of the ECB. Retrieved February 18, 2019 .
  6. ↑ ESBies: How to get rid of the ECB bonds. January 27, 2017, accessed on February 18, 2019 (German).
personal data
SURNAME Lane, Philip R.
ALTERNATIVE NAMES Lane, Philip Richard
BRIEF DESCRIPTION Irish economist and chief economist of the European Central Bank
DATE OF BIRTH August 27, 1969