In this note we provide new evidence regarding the size and dynamics of the credit risk premium on Irish Sovereign bonds during the 1980s and early 1990s when fiscal conditions were similar to those currently being experienced. Our analysis is not confounded by the effects of exchange rate risk...

A feature of the Irish economy in recent years has been the high net flow of people into the country. The analysis compares owner-occupancy by natives and immigrants in 1995 and 2004. The results show that immigrants have higher headship rates than the native population but have a much lower...