EU/IMF Policies for Troubled Banking Systems

The debate about imposing losses on uninsured depositors in some Cypriot banks is the main story in today’s WSJ here.

Olli Rehn elaborates on bank recapitalizations here.

Public Lecture on Regulatory Purpose and the Rationale for Intervention in Capital Markets

Professor Justin O’Brien, University of New South Wales,  will give a public lecture Back to the Future: James M. Landis,  Regulatory Purpose and the Rationale for Intervention in Capital Markets on Monday 28th January at 6pm, in Newman House, St Stephen’s Green, Dublin 2. This lecture addresses contemporary problems of regulatory design through exploring the history of financial markets regulation. Attendance is free but booking is required at http://www.ucd.ie/law/events/title,159217,en.html.

WSJ Editorial on Debt Relief for Ireland

here.

“HOW TO FIX DISTRESSED PROPERTY MARKETS?”

“HOW TO FIX DISTRESSED PROPERTY MARKETS?”

Half-Day Central Bank of Ireland Conference: 13th February 2013, Institute of Bankers, North Wall Quay, Dublin 1


8.45 – 9.00 Opening Remarks

Patrick Honohan, Governor, Central Bank of Ireland

9.00 – 10.30 Session 1: The experience in the United States

Paper 1: Dealing with a mortgage crisis: A comparison of the response by US and Irish authorities

Kieran McQuinn (Central Bank of Ireland) and Anthony Murphy (Federal Reserve Bank of Dallas)

Paper 2: Foreclosure externalities: Some new evidence

Kris Gerardi (Federal Reserve Bank of Atlanta)

Paper 3: The US mortgage crisis – are there lessons for policymakers

Michael Fratantoni (Mortgage Bankers Association) and Michael Moore (International Monetary Fund)

10.30-10.45 Coffee

10.45- 11.45 Session 2: Some Irish perspectives

Paper 1: A distressed mortgage market: Could a fiscal stimulus help?

Robert Kelly and Kieran McQuinn (both Central Bank of Ireland)

Paper 2: Understanding Irish house price movements – a user cost of capital approach

Frank Browne, Thomas Conefrey and Gerard Kennedy (all Central Bank of Ireland)

11.45- 1.00 Session 3: Panel discussion

Moderator: Alan Ahearne (NUI Galway and Central Bank Commission)

To confirm attendance, please e-mail: lisa.malone@centralbank.ie or kieran.mcquinn@centralbank.ie

TCD Public Lecture: “How to Fix the Eurozone”

Charles Wyplosz will give a public talk at noon this Wednesday in the Long Room Hub.  This is part of a TCD LRH/IIIS series running during Ireland’s EU Presidency.  Details here.

Wyplosz will also give a research seminar 9am-10.30am on Wednesday in IIIS seminar room on “Eurozone Crisis: It’s About Public Debts, not Competitiveness