Privacy and Data-Based Research

This article provides an interesting overview of some of the issues raised by “big data” research – here.

Derek Scally: How clueless Irish pundits misrepresented Germany

This article may be of interest to the readership – here.

Five-Year Anniversaries

Open thread on the five-year anniversaries of the second half of September 2008 (Lehman; AIG; Iceland; Ireland; …)

Financial Diplomacy

This Businessweek profile of Michael Noonan gives some background to the renegotiation of Ireland’s official funding (EU funding; prom note funding) – here.   A more detailed account is available in Pat Leahy’s new book – here.

Strategic Irish Mortgage Arrears: The Smoking Gun

My colleague Tom Flavin and I are preparing a paper for the Dublin Economic Workshop on the financial characteristics of Irish Mortgage defaults. The analysis relies on a donation of anonymized data on mortgage arrears from Permanent TSB and we are grateful to them for their assistance. Tom will give a fuller account of our data analysis at the conference; this blog entry highlights some of the strong evidence for a very substantial proportion of strategic arrears in Irish mortgage arrears.