Author: Philip Lane

Lorenzo Bini Smaghi argues that markets can mis-price sovereign default risk in this speech.

His new IT article is available here.

The CSO has put together a new set of data on job churn in Ireland, providing much more detail on sectoral job destruction and job creation, plus other dimensions of labour market data.

Data are here.

Background info here.

Seminar details here.

This WSJ article reports on the split in views across European policymakers, with the ECB strongly opposed to restructuring.

The box on pages 34-35 in this Bundesbank article explains the role of central bank flows during the euro crisis (the figure is especially interesting).