All You Wanted to Know About TARGET2 But Were Afraid to Ask
I’ve written a new paper on TARGET2. This post introduces and links to the paper.
Central Banks, Euro Crisis
Euro Crisis
It’s Official: The Eurozone is in Recession
CEPR’s Business Cycle Dating Committee has declared the euro area economy as being in recession since 2011:Q3. Links and discussion
Banking, Central Banks
Two Posts on Banking Union
There have been a lot of debates in recent weeks about how the Euro area’s banking union should work in
Central Banks, Irish Economy
After Mrs. Merkel’s Irish Jig, Are Ireland’s Problems Solved?
I’ve been very busy lately so I haven’t had much time for blogging. Here is a belated assessment of where
Central Banks, Euro Crisis
Draghi Making a Big Mistake on Greek Bonds
After supposedly clarifying their position on equal treatment in relation to their bond purchases, Mario Draghi’s comments on the ECB’s
Euro Crisis
This Week’s Must-Read on the Euro Crisis
A fantastic new paper by Lee Buchheit and Mitu Gulati, as well as links to other papers by Lee and
Irish Economy
The Celtic Comeback? Don’t Believe the Hype
My thoughts on Enda Kenny’s Time magazine cover are here.
Teaching
Links to Macro Data
Data from Ireland Central Statistics Office Irish Housing Statistics National Account Data for EU Countries: AMECO Online US National Accounts
Euro Crisis, Irish Economy
Germany to Spain and Ireland: Drop Dead
I haven’t been as euphoric as some commentators about Ireland’s prospects of getting a “seismic” “game-changing” deal on bank-related debt.