Tag: business
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Why do we hate teachers?
We seem to hate teachers, at least if one goes by some of the comments one sees. Teachers are pretty regularly called thugs, bullies, parasites, derided as lazy, seen as grossly self interested, motivated only by money (as opposed to the pure desire of those commenting to help the public and work pro bono), and…
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A New Journal – Journal of Behavioral and Experimental Finance
A New Journal Journals, for good or ill, represent the preeminent mode of scholarly communication. Publications count, in tenure, research evaluations and as a metric of research activity. Despite alternatives emerging such as post hoc refereeing, the double blind reviewed journal retains its gold standard, and will do for many many years. Although there are…
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Strategic Mortgage Default: What does the research tell us?
What do we know about strategic (could meet obligations but choose not to ) defaulters in relation to mortgages? As I argued earlier, in the Irish case very little is known. There is a little more information for the USA, but we should be very careful about blindly or even carefully transposing US experience to…
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Will Irish Banks need further recapitalisation? If so, who will pay?
This is a version of my column in The Irish Examiner on 6 April 2013 . It was written before the talk at the Cantillon School at which the Central Bank revealed that upwards of 25b of SME loans were now impaired. That is 50% of these loans a truly astounding percentage Back in 2011 Blackrock…
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Entrepreneurship research in ireland
So with all the government fuss about the innovation island and the innovation economy, with all the (lip service?) paid to empowering entrepeneursip and with the push to make Irish universities into powerhouses of entrepreneurial enablement, nobody seems to have looked at the question : are we doing any research in the area. A caveat…
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What sectors have contracted most in the crash?
The CSO produced a very good set of tables on value added by sector 2002-9 The data tables contained in this release can be downloaded in excel from this link. Summary : in terms of output the economy was 13% smaller in 2009 than 2002. Service industries and agri have been hit hard, as with…
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Plan B needed, times three, for the dangers ahead
This is an extended and linked version of an Irish Examiner oped published 24 November 2012 Irish governments over the years , and especially in the last few, have not exactly shown themselves to be shining examples when it comes to contingency planning. Time and again we have seen plans advanced which when they fall…
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Do you want the Civil Service to run Universities?
This is an significantly extended version of an OpEd published by myself and Charles Larkin (whose name appears missing) in the Irish Times. The Universities (Amendment) Bill 2012 is a shutting of the stable door after the horse has bolted and the stable sold off to a developer. It is kneejerk reaction by regulators who…
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With greater transparency in prices, where now for house prices ? Have your say!
So now that we have some more transparency in the housing price area, with the publication of the property price database, where do people see the average house price going? Will greater transparency via increased volume result in prices going up or will people decide that the market is still a buyers market and bid…