Showing 1 - 7 of 7
The paper chronicles the evolution of financial regulation in Ireland, with particular attention given to the roles, responsibilities and actions of those authorities responsible for maintaining financial stability. It examines the role of financial regulation during the property bubble, in...
Persistent link: https://www.econbiz.de/10009395589
We investigate the propogation of contagion through banks' balance sheets in a two-country model. We simulate an increase in non-performing loans in one bank, and study the effects on other banks and the macro economy of each country. We show that credit crunches destabilize each economy in the...
Persistent link: https://www.econbiz.de/10009319514
The crisis has exposed the failure of economic models to deal sensibly with endogenously generated crises propagating from the financial sectors to the real economy, and back again. The goal of this paper is to review the method of stock flow consistent modeling to highlight areas in which it is...
Persistent link: https://www.econbiz.de/10009357764
We examine the interaction between the legal protection of investors, corporate governance within firms, institutional development between countries, and investable premia in emerging markets. In a multi country setting and using a novel dataset we find that better-governed firms experience...
Persistent link: https://www.econbiz.de/10009249165
This paper describes the causes and consequences of Ireland's economic crisis in the context of the policy solution implemented to contain that crisis: protracted fiscal austerity. I describe the causes of the recent crisis in Ireland, and look at the logic of austerity with a simple model. I...
Persistent link: https://www.econbiz.de/10009291634
We present a model of partnership formation based on two discrete character traits. There are two classes of individual. Each individual observes a sequence of potential partners from the other class. The traits are referred to as attractiveness and character, respectively. All individuals...
Persistent link: https://www.econbiz.de/10009293010
This paper examines how ownership affects professional behaviour, treatment quality and patient satisfaction in the case of hip replacements in Ireland. We use quantitative data for public hospitals and the author's own surveys for the private sector and qualitative data from 12 interviews,...
Persistent link: https://www.econbiz.de/10010907453