Posts - Karl Whelan

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.

CEPR’s Business Cycle Dating Committee has declared the euro area economy as being in recession since 2011:Q3. Links and discussion

Thoughts on last night’s Eurogroup meeting are here.

There have been a lot of debates in recent weeks about how the Euro area’s banking union should work in

I’ve been very busy lately so I haven’t had much time for blogging. Here is a belated assessment of where

After supposedly clarifying their position on equal treatment in relation to their bond purchases, Mario Draghi’s comments on the ECB’s

A fantastic new paper by Lee Buchheit and Mitu Gulati, as well as links to other papers by Lee and

My thoughts on Enda Kenny’s Time magazine cover are here.

Data from Ireland Central Statistics Office Irish Housing Statistics National Account Data for EU Countries: AMECO Online US National Accounts

I haven’t been as euphoric as some commentators about Ireland’s prospects of getting a “seismic” “game-changing” deal on bank-related debt.