Kinsella, Stephen - Geary Institute, University College Dublin - 2011
, tracing their effects on sectors of Ireland's macroeconomy, and, finally, ask whether Ireland is, indeed, the role model for … implemented to contain that crisis: protracted fiscal austerity. I describe the causes of the recent crisis in Ireland, and look … at the logic of austerity with a simple model. I compare the current crisis to the crisis of the 1980's, when fiscal …