Abstract
Ireland has experienced a series of interlocking banking, fiscal, unemployment, and political crises since 2007. We detail the challenges involved in modeling individual moments of the crisis through the lens of balance sheets and transactions matrices among sectors of the Irish society. We conclude with a series of recommendations for models of small open economies.
| Original language | English |
|---|---|
| Pages (from-to) | 561-566 |
| Number of pages | 6 |
| Journal | Journal of Economic Issues |
| Volume | 47 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 1 Jun 2013 |
Keywords
- banking crisis
- Ireland
- macroeconomic models
