Sargent and Sims lectures

Tom McDonnell09/12/2011

Tom McDonnell:The Sargent and Sims Noble prize lectures are here.

Tom Sargent poses four topical questions:
1. Should Government default on their debts?
2. Should a central government bail out subordinate states?
3. Should a monetary union precede a fiscal union?
4. Should a fiscal union precede a monetary union?

Meanwhile Chris Sims looks at historical and current statistical modelling of monetary policy and its effects. He suggests only a small part of monetary fluctuations could be attributed to erratic monetary policy.

Posted in: Fiscal policyFiscal policyFiscal policy

Tagged with: monetary policymonetary unionFiscal union

Dr Tom McDonnell

McDonnell, Tom

Tom McDonnell is senior economist at the NERI and is responsible for among other things, NERI's analysis of the Republic of Ireland economy including risks, trends and forecasts. He specialises in economic growth theory, the economics of innovation, the Irish and European economies, and fiscal policy. He previously worked as an economist at TASC and before that was a lecturer in economics at NUI Galway and at DCU. He has also taught at Maynooth University.

Tom obtained his PhD in economics from NUI Galway.



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