Data Sources Asset and Liabilities of US Banks. From the Federal Reserve. Statistical Data Warehouse. From the ECB. FRED. The […]
Data Sources and Websites for International Money and Banking Read Post »
Those watching the ongoing Euro-mess might be surprised at a policy recommendation that the Fed should behave more like the
Should Bernanke Focus Only on Inflation? Read Post »
Outside my usual set of topics but apart from enthusiastic goldbug types, I hadn’t seen anyone else discuss the Republican
Note to Republicans: The US Can’t Do a Gold Standard On Its Own Read Post »
Proof perhaps that sometimes even a humble blog post can have some impact, it appears that we have had some
ECB Secret Letter to Ireland To Be Released? Read Post »
The debate about “Grexit” continues to confuse the question of the sustainability of Greece’s debts with the question of whether
Greece: We Need to Stop Confusing Default with Exit Read Post »
By announcing it is only willing to purchase Spanish and Italian government bonds if these governments apply for funding from
The ECB’s Secret Letter to Ireland: Some Questions Read Post »
There has been a marked increase in the number of European politicians talking about a Greek exit from the euro.
Europe Needs to Change Its Disastrous Policy on Greece: Here’s Why and How Read Post »
Jean-Claude Juncker, Luxembourg prime minster and head of the Eurogroup of finance ministers has said that he believes that a Greek exit
Would A Greek Exit Really Be Manageable? Read Post »
After Mario Draghi’s hints that the ECB is getting ready to purchase large quantities of Spanish and Italian bonds, expect to read
Is the ECB Risking Insolvency? Does it Matter? Read Post »
Some useful links and readings from this week.
Some Saturday Euro Crisis Readings Read Post »
My thoughts on today’s ECB Governing Council announcements are here.
ECB : We’ll Do What It Takes. Kinda. Sorta. Later. Read Post »
Here‘s a link to my speaking notes for a talk that I gave tonight at the McGill Summer School. The
McGill Summer School Talk on Debt, Austerity and Growth Read Post »
Everyone knows central banks are powerful. When I used to visit Alan Greenspan’s office back when I worked for the
The Secret Tool Draghi Uses to Run Europe Read Post »
The byzantine complexities of the IBRC’s promissory note-emergency liquidity assistance arrangements are such that it is inevitable that even the
Ireland Debt Negotiations: Not About Interest Rate on Promissory Note Read Post »
In this piece, Daniel Gros argues that Ireland and Spain should just be seen as Europe’s Nevada and California. I
Are Ireland and Spain Just Europe’s Nevada and California? Read Post »
Lecture notes for the University College Dublin module International Money and Banking (ECON30150) which was taught by Professor Karl Whelan
International Money and Banking Read Post »
The Wall Street Journal is reporting that the ECB has changed its position on the need to protect all senior
ECB Makes Crucial Policy Change on Bank Bailouts Read Post »
With the release of a draft Memorandum of Understanding for Spain, it appears that the EU may be preparing to
Should Taxpayers Bail Out Spain’s Bank Bondholders? Read Post »
Last night’s Euro group meeting failed to resolve any of the uncertainty about the ultimate liability for ESM bank recaps
Euro Crisis: Holidays First, Solutions Later Read Post »
After some reasons to be optimistic that Europe’s leaders were ready to finally grasp the bank debt\sovereign debt nettle, the
Euro Crisis: Two Steps Forward, Three Steps Back Read Post »
I have written a new briefing paper for the European Parliament’s Economic and Monetary Affairs committee. The paper discusses the
New Briefing Paper: Ireland and the ECB Read Post »