Dan O’Brien provides a useful analysis of the senior debt issue here.
The Central Bank of Ireland (CBI) and the Economic and Social Research Institute (ESRI) plan to develop jointly a suite of modern macroeconomic/econometric models of the Irish economy as a basis for informing macroeconomic, monetary, financial sector and fiscal policy decisions. This project is of critical importance to both organisations particularly in light of the current challenges facing the economy. The CBI/ESRI is seeking to appoint an individual to head a team of researchers to undertake this project. This is an exciting opportunity with the successful candidate playing a central role in developing our understanding of the Irish economy as well as influencing domestic policy formulation at this critical juncture. The appointment will be initially for a three year period and the position could be filled on a secondment basis. Grade and salary will be commensurate with the skills, experience and qualifications of the successful candidate. Appointment can be made up to Deputy Head of Function Level.