Despite the increasingly wide-spread nature of macroprudential regulations, relatively few studies have assessed the implications of such policies on key household finance decisions. In this paper, we investigate the impact on Irish household perceived savings constraints of macroprudential...

In this paper, we use firm-level survey data to explore the determinants of SME investment activity and the extent to which observed investment is in line with that suggested by economic fundamentals. In contrast to previous literature which has focused on whether investment gaps exist at a more...

This paper models the immediate impact of the COVID-19 pandemic on Irish SMEs and extrapolates forward their performance as restrictions ease. Our baseline scenario shows a steady recovery path for the median firm. However, indicators of financial difficulties remain persistently high with the...

This paper considers the effect of corruption on the efficiency of capital investment. Using firm-level level data from the World Bank enterprise surveys, covering 90 developing and transition economies, we consider whether the cost of informal bribe payments distorts the efficient allocation of...