In this note we provide new evidence regarding the size and dynamics of the credit risk premium on Irish Sovereign bonds during the 1980s and early 1990s when fiscal conditions were similar to those currently being experienced. Our analysis is not confounded by the effects of exchange rate risk...

In this paper we examine the sensitivity of mortgage arrears for Irish households to changes in mortgage interest rates under a series of plausible monetary policy normalisation scenarios. Using panel data over the period 2004 - 2016 we exploit information on current income and current mortgage...

This working paper provides an updated overview of the financial block satellite model in COSMO. This block allows for an analysis of macrofinancial relationships and links these back into the main COSMO specification. The critical importance of appropriately assessing macro-financial linkages...