Alan Ahearne is a lecturer in economics at the Cairnes School of Business and Economics at the National University of Ireland, Galway. He is Director of the M.Econ.Sc. in International Finance programme.
Dr. Ahearne is a
Member of the Commission (Board) of the
Central Bank of Ireland.
He is also a member of the Central Bank's Audit and Risk Committees.
Prior to coming to Galway in 2005, Dr. Ahearne was Senior Economist at the
Federal Reserve Board (below) in Washington, DC, where he worked for seven years.
At the Fed, he advised Alan Greenspan, Ben Bernanke (below) and other Fed Governors on developments in the global economy. He was the principal economist at the Fed covering the Japanese and Chinese economies.
Dr. Ahearne served as Special Advisor to former Minister for Finance, the late
Brian Lenihan from March 2009 to March 2011.
In this role, he advised the Minister on economic, budgetary and financial policy in responding to the economic and financial crisis. Among other things, he played an advisory role in relation to the three Budgets during this period, the National Recovery Plan, the creation of the National Asset Management Agency and other measures to address the financial crisis.
Dr. Ahearne has held an appointment since 2005 as a non-resident Research Fellow at
Bruegel, the influential Brussels-based economics think tank. The University of Pennsylvania in its annual “Global Go To Think Tanks Report” for 2012 ranked Bruegel the "Best International Economic Policy Think Tank in the World."
He is a Research Associate at the
Institute for International Integration Studies
at Trinity College Dublin.
Dr. Ahearne is Editor of the Policy Section of
The Economic and Social Review.
He was appointed a member of the Government's
Aviation Business Development Task Force
for Shannon in 2012.
Dr. Ahearne has taught economics at
Carnegie Mellon University, University College Dublin, Dublin City University, and the University of Limerick. He began his professional career with Coopers & Lybrand and also worked for Bank of Ireland Group Treasury.
His areas of expertise are macroeconomics and international finance. His research includes studies on property markets in Ireland and other industrial countries; global current account imbalances and exchange rates; and the economic performance of the euro area. In addition to being published in top academic journals, his research has featured in The Economist, Financial Times, Wall Street Journal, New York Times, Irish Independent, Irish Times, and Sunday Business Post. He is a regular contributor on economic issues on the BBC, CNBC, RTE, Newstalk, and Today FM.
Dr. Ahearne holds a B.B.S. from the University of Limerick in 1989, an M.Econ.Sc. from University College Dublin in 1991 and an M.Sc. (1995) and a Ph.D. (1998), both in economics, from
Carnegie Mellon University (below).
At Carnegie Mellon, he received several awards and honours, including the William Larimer Mellon Doctoral Fellowship (1993-1996) and the Excellence in Teaching Award (1997). His Ph.D. dissertation advisor at Carnegie Mellon was Finn Kydland (pictured below with George Bush), winner of the
in economics in 2004.
The economist who told you so" is an Irish Times profile of Alan Ahearne that was published in November 2008.
An earlier profile and interview, "
Ex-Fed and the unexpected
" appeared in Business & Finance in January 2006. He was also profiled in the
Irish Examiner (12 May 2006).
He can be contacted by phone at 353 91 494231 or by email at