Honohan: Reflections on Corporate Restructuring in Ireland

speech here.

ESRI Pre-Budget Conference

This event is taking place this morning  –  the publication is here.

John Fitzgerald’s paper “Fiscal Policy for 2013 and Beyond” is also here.

Tim Callan’s paper “Work Incentives in Ireland” is here.

Nevin Institute: Quarterly Reports

The latest reports from the Nevin Institute are available here.

ESRI QEC; Central Bank; Fiscal Analysis

The ESRI QEC was released last week  –  summary and special articles available here.  One of the special articles is by Ide Kearney on measuring the fiscal stance; the Central Bank has just published a new Economics Letter on the fiscal compact here (written by Colin Bermingham and Laura Weymes).

IMF GFSR Analytical Chapters

Available here.

Chapter 3 of the October 2012 Global Financial Stability Report examines whether the regulatory reforms designed to make the financial system safer are moving the system in the correct direction, using a benchmark set of features that include financial institutions and markets that are more transparent, less complex, and less leveraged. The analysis suggests that progress has been limited so far, in part because many of the reforms are still in the early stages of implementation. Chapter 4 evaluates how aspects of current changes to financial structure, including those elicited from regulatory reforms, may be associated with economic outcomes. Both chapters stress that the success of measures to produce a safer financial system depend on effective implementation of reforms and strong supervision.