Olli’s Follies: Is Debate About Fiscal Multipliers Unhelpful?
Olli Rehn is the European Commissioner for economics. Olli has spent much of his time in recent years telling everyone […]
Euro Crisis
Central Banks, Irish Economy
Ireland’s Promissory Note Deal
Ding dong the wicked bank is dead. Anglo Irish Bank is no more. Its successor, the Irish Bank Resolution Corporation is
Euro Crisis
Presentation on Euro Exit Scenarios
I’ve been very busy because of personal and professional commitments over the past few weeks and haven’t had any time
Teaching
MA Advanced Macroeconomics
This is the class website for University College Dublin module MA Advanced Macroeconomics (ECON41620) taught by Prof. Karl Whelan in
Teaching
Undergraduate Advanced Macroeconomics (ECON30120)
This is the class website for University College Dublin module Advanced Macroeconomics (ECON 30120) which was taught by Professor Karl
Banking, Central Banks
A Victory for Common Sense on Banking Union
A new post giving somewhat positive assessment of last night’s Eurogroup announcement on banking union.
Central Banks, Euro Crisis, US Economy
Fed’s Brave Steps Contrast with ECB’s Inertia
Some thoughts on today’s FOMC announcement and the contrast it represents to the ECB’s approach to monetary policy.
US Economy
Is the U.S. Set for an Era of Slow Growth?
The mood surrounding the U.S. economy is finally picking up. The housing market is recovering, consumer sentiment is getting off the floor and, most
Euro Crisis
Standoff on Greece Driven by Short-Sighted Europolitics
Some thoughts on the Greek situation and the ongoing negotiations in Brussels.
Banking, Central Banks, Irish Economy
How Much Would Ireland Benefit from Replacing the Promissory Notes with a Long-Term Bond?
Lots of people I’ve spoken with about the dreaded Anglo promissory notes are mystified at why the Irish government seems