Garicano and Reichlin write here.
The Irish Times today features two contrasting strategies for dealing with the debt legacy created by the Irish bank bailout.
- Ireland urged to play ‘hardball’ to get a deal on legacy bank debt
- Sale of State’s AIB stake will not rule out retroactive aid
An interview RTE’s Sean Whelan did with Willem Buiter is available here.
Yvonne McCarthy (Central Bank) will be giving her Barrington Lecture on Thursday evening in the ESRI. Full details here.
The title, “Disentangling the mortgage arrears crisis: The role of the labour market, income volatility and negative equity”, gives an indication of its policy relevance.
The speech by Mar Gudmundsson is here.
The IIEA are hosting a half-day seminar tomorrow entitled ‘Beyond the Programme: European Economic Governance and Ireland’.
Speakers will include:
Michael McGrath, Assistant Secretary, EU and International Division of the Department of Finance
Alan Dukes, Former Minister for Finance
Donal de Buitléir, Director of Publicpolicy.ie
Pat McArdle, Chairman of the Economic and Monetary Affairs Committee at the European Banking Federation
Dr John Bradley, Economic Modelling and Development Strategies and Former Research Professor at the ESRI
Michael Tutty, Former Vice President at the European Investment Bank
Further information and the seminar’s research papers can be found here.