Patrick Honohan
Contacts
Professor of International Financial Economics and
Institute for International Integration Studies
Room C6.009 (6th Floor,
Office hour 2009-10: Monday 3-4pm
+353-1-896 3195
Teaching
EC3040 Economics of Less Developed Countries
EC3050 Investment Analysis
EC7006 MSc Macroeconomics II (Growth Theory) (Not 2009-10)
Research
papers in progress
"Cause
and Effect of Financial Access: Cross-Country Evidence from the Finscope
Surveys" (with Michael King) Prepared for the World Bank Conference Measurement, Promotion, and Impact of Access
to Financial Services
"Postcolonial
Ireland and Zimbabwe: Stagnation before Convergence" (with Frank Barry and
Tara McIndoe) Prepared for the WEAI Conference,
"Should Bank Supervisors in Developing Countries Exercise More or Less Forbearance?" IIDP Discussion Paper 231, October 2007.
Recent presentations, etc.
"Irish Banking Policy during and after the Crisis." Paper for the MacGill Summer School Glenties, Co. Donegal, 21st July 2009.
"Euro Membership and Bank Stability: Friends or Foes?" Paper for the 15th Dubrovnik Economic Conference, June 2009.
"The Banks
since January" Presented to the TCD-Dublin Economic Workshop Conference:
"Irish Economic Policy for the Crisis: What's Next?"
"What Went Wrong in Ireland?" Prepared for the World Bank, May 2009.
"Bank Recapitalization and NAMA" Presented to the Joint Oireachtas Committee on Finance and the Public Service, 6th May 2009. (text)
"The Financial Crisis: Ireland and the World" The Michael Littleton Memorial Lecture, 2008, RTE Radio, December 2008 (recorded 2nd December 2008). (audio)
"Crisis
Prevention and Resolution: Lessons from This & Previous Crises" Panel
presentation to the LACEA-LAMES Conference,
"The Banking Crisis: What's Happening and What's It Going to Cost?" IIIS Public Lecture, October 2008. (video podcast)
"Not a Re-run of the 1980s" ESRI-FFS Pre-budget Conference, 1st October 2008 (slides)
"Another Lap for the Irish Hare?" Presentation to European Commission Workshop, June 2008.
"Money Matters
for Poor Countries", Inaugural Lecture at
Selected
recent publications
Honohan,
Patrick. 2009. "Resolving
the Irish Banking Crisis." Economic
and Social Review 40(2): 207-232
Honohan, Patrick. 2009. "Bank Failures: The Limitations of Risk Modelling" in The First Credit Market Turmoil of the 21st Century: Implications for Public Policy. (World Scientific), forthcoming. Earlier version presented to the European Central Bank-Chicago Fed Conference. September 2008.
Honohan,
Patrick. 2008. "Containment and
Resolution in the Financial Crisis: Too Little, Too Late." CESifo Forum 9(4): 22-27.
Honohan,
Patrick. 2008. "The Retreat of Deposit Dollarization." International Finance 11(3): 247-268. (see
discussion
paper version and dataset)
Honohan,
Patrick. 2008. "Cross-Country Variation in Household Access to Financial
Services." Journal of Banking and Finance
32(11): 2493-2500..
Honohan, Patrick. 2009. "Partial Credit Guarantees: Principles and Practice." Journal of Financial Stability forthcoming. (earlier version: IIDP Discussion Paper 244).
Honohan, Patrick. 2009. "Can
Cost-Benefit Analysis of Financial Regulation Be Made Credible?" in Robert J.
Brent, ed., Handbook on Research in
Cost-Benefit Analysis. (
Beck, Thorsten, Aslı Demirgüç-Kunt and Patrick Honohan. 2009. "Access to Financial Services: Measurement, Impact and Policies." World Bank Research Observer 24: 119-145.
Caprio, Gerard
Jr. and Patrick Honohan. 2009. "Banking
Crises." in Allan Berger, Philip Molyneux and John
Wilson, eds., The
Honohan,
Patrick. 2008. "Risk Management and the Costs of the Banking Crisis." National Institute Economic Review 205.
Honohan,
Patrick. 2008. "Household Financial Assets in the Process of Development" in
James B. Davies, ed., Personal Wealth
from a Global Perspective UNU-WIDER Studies in Development Economics (
Honohan,
Patrick. 2008. "Discussion of Financial Innovation and European Housing and
Mortgage Markets', by David Miles and Vladimir Pillonca."
Honohan,
Patrick. 2008. "Finance for Urban China." in Shahid Yusuf and Anthony Saich, eds.,
Demirgüç-Kunt,
Aslı, Thorsten Beck and Patrick Honohan.
2008. Finance for All? Policies and Pitfalls in Expanding Access. (
Honohan,
Patrick and Thorsten Beck. 2007. Making
Finance Work for Africa. (
Honohan, Patrick. 2006. "To What Extent Has Finance Been a Driver of Ireland's Economic Success?" ESRI Quarterly Economic Commentary, December, pp.59-72.
Honohan, Patrick and Anthony J. Leddin. 2006. "Ireland in EMU: More Shocks, Less Insulation?" Economic and Social Review 37(2): 263-294.
Caprio Gerard
and Patrick Honohan. 2005. "Starting Over Safely: Rebuilding Banking
Systems." in Gerard Caprio, James A. Hanson and Robert E. Litan,
eds., Financial Crises: Lessons from the
Past, Preparation for the Future (
De Nicoló, Gianni, Patrick Honohan and Alain Ize. 2005. "Dollarization of Bank Deposits: Causes and Consequences." Journal of Banking and Finance 29(7): 1697-1727.
Honohan,
Patrick and Luc Laeven, eds. 2005. Systemic
Financial Distress: Containment and Resolution (
For downloadable versions of earlier papers and a complete list of publications see my Irish economy page, and my pages at SSRN and REPEC.
Recent
newspaper articles etc.
"Shareholders should take part of NAMA pricing risk" Irish Times, August 11, 2009
"Banking debate has been reduced to false dichotomy" Irish Times, May 21, 2009
"NAMA plan needs to be fully fleshed-out" Sunday Business Post, April 12, 2009.
"All smiles at G20 but change will be limited" Irish Times, April 4, 2009.
"Don't let overreaction derail budget planning" Irish Times, March 21, 2009.
"Ireland
in Crisis" (with
"Bank rescue package: more to come" Sunday Business Post, February 15, 2009, also appeared as "What next for the restructuring of Irish banks?" Financial Times FT.com Economists' Forum, February 24, 2009
"Government cannot bank on venture capitalists" Irish Times, December 11, 2008
"G20 summit needs to tackle issues of financial governance" Irish Times, November 13, 2008
"Leaders aim to get globally decisive banks working again" Irish Times, October 13, 2008
"Banks need large injections of risk capital to resolve crisis" Irish Times, October 8, 2008
"Bank capital and bank liquidity: a tutorial" Sunday Business Post, October 5, 2008
"Outcome of bank guarantees abroad may worry taxpayers" Irish Times, October 4, 2008
"Long history of government bailouts" Irish Times, September 19, 2008
"Undoing the Irish property boom" Vox-eu, July 26, 2008
"Enough talk of the recession: what must we do to avoid it?" Irish Times, July 13, 2008
"A crisis waiting to happen" Sunday Business Post, March 9, 2008
Current
funded research projects which I am leading
Household Access to Finance in Developing Countries: An Observatory of
Survey Data (for World Bank, 2006-8) Web-article; website
Doctoral
Training for Development in Africa (Programme of Strategic Cooperation
between Irish Aid and Higher Education and Research Institutes 2007-11) (www.tcd.ie/tidi)
Turning Globalization to National Advantage:
Economic Lessons from Ireland's Experience (for IRCHSS, 2008-11)
Last updated: 28th August 2009