Mastodon
List

  Posts

1 25 26 27 28 29 154
July 10th, 2012

Do me a favour -- invest in a bank that really helps

June's floods took the village of Clonakilty by surprise. Two inches of rain fell in just a few hours, pushing […]

July 9th, 2012

Thinking a bit more about the Euro crisis

Mark Blyth and I write on the Euro crisis for the Harvard Business Review here.

July 3rd, 2012

A chink of light but the banks still hold veto on debt divorce

The State holds the monopoly of organised violence over its citizens. We normally assume this violence is physical, but it […]

June 30th, 2012

More questions than answers but progress nonetheless

I have consistently argued that the process of incremental integration, inch by inch, which created the 27 country European Union […]

June 30th, 2012

Method to Simultaneously Determine Stock, Flow, and Parameter Values in Large Stock Flow Consistent Models

Stock flow consistent macroeconomic models suffer from the lack of a coherent estimation method due to the complicated nature of the modeling process. This paper provides a candidate estimation method that determines the values of each stock and flow simultaneously by analytically solving any stock flow model, and converting the estimation into a global minimization problem in p − k dimensions. We describe the method and apply it to a canonical model using real-world data. The method estimates the parameters and flows reliably.

June 28th, 2012

Glitch shows us what euro collapse could do

The recent difficulty in Ulster Bank's electronic payment systems has exposed how fragile our banking system is to any shock. […]

June 26th, 2012

Devil is in the detail where mortgage crisis is concerned

Alan Turing was not like most men. Turing was a genius: he solved one of the hardest scientific problems of […]

June 17th, 2012

Ireland, Greece, the Euro (and Cork)

My subject today is Greece, and the possible effects of the Greek election on Ireland. But first let's imagine Cork […]

June 17th, 2012

Should Ireland leave the Euro?

The Euro will break up when the major forces holding it together begin to work against one another. At the […]

June 13th, 2012

Clarity is everything when trying to change expectations.

Spain is running down the same path Ireland did. The path leads to national insolvency, over-indebtedness, bailed out zombie banks […]

June 12th, 2012

Spain *is* Ireland

Our piece at the Harvard Business Review is here.

June 5th, 2012

Why isn’t unemployment the biggest problem we feel we should solve as a society?

Why isn’t unemployment the biggest problem we feel we should solve as a society?

May 30th, 2012

Greece can never cut links with its European family

In 1915 Robert Frost wrote 'The Death of the Hired Man'. Frost wrote that "home is the place where, when […]

May 30th, 2012

Stock Flow Modeling in France

Can't wait to see the papers presented at this conference, the stock flow part of the programme is here (.pdf).

May 24th, 2012

MA in International Tourism

UL's MA in International Tourism has made a video to showcase just what you get out of an MA like […]

@barrd on Mastodon