Final Year Projects
Want me to supervise your Final Year Project? Have a look at these resources first, then drop me a mail. I’m very interested in encouraging and supervising undergraduate research in a few, very defined, areas.
Research
Simulating Stock Flow Consistent Integration
Here’s a paper I’m presenting to the Eastern Economic Association meeting this weekend.
Abstract. We simulate changes in financial integration between two countries in a stock-flow consistent model. Our model describes two economies that start from virtual autarky, with trade flows opening up gradually, until the countries reach full monetary union. By introducing measures of financial [...]
Cycles, Crisis, and Uncertainty
Here’s a chapter from my forthcoming book with Anthony Leddin. All comments are most welcome.
Abstract. This chapter examines the interaction of Ireland’s national debt and price levels using a simple model. The chapter discusses the role of uncertainty in making Ire- land’s financial system robust to severe downturns caused by asset deflations, and makes constructive suggestions [...]
Paul Tansey PhD Scholarship in Economics
Anyone interested in funded postgrads in economics should take a look at the PhD scholarship UL has begun in economics, along with the Irish Times, in memory of Paul Tansey. Please do email me if you’re interested in putting a proposal together-and be aware of the deadline for applications also.
Paul Tansey Economics Postgraduate Research Scholarship [...]
Progressive Economy Review
Read a selection of pieces from the TASC blog using their new digital reader, which is very cool. Yours truly makes an appearance, along with my colleagues Dónal Palcic, Peadar Kirby,
Margins of Viability
Here’s a presentation of a paper I’ve now spent 3 years writing, re-writing, editing, and tweaking. It was presented at the LSE on Friday, thanks to Adam Oliver for organising the event. I’ve blogged about this paper a few times, but this is the simplest summary I’ve come up with to date. Any comments/questions/suggestions would [...]
Tagged Add new tag, Business, Business Services, Communication, Editing and Proofreading, Stephen Kinsella, United States, Writing, Writing and EditingA Journey for your beautiful mind
Anyone interested in graduate study in economics should read this speech given by Prof Albert Ma of Boston University on what PhD research is like, what one might accomplish by trying to understand a literature, and seeing the shortfalls of economic modeling, as well as what to expect from your advisor, and how much maths [...]
An experimental analysis of Irish electricity markets
Abstract.
This paper examines the recently deregulated Irish electricity market. We ask: given this newly imposed institutional structure, does the availability of true marginal prices for electricity products affect the price/quantity bids submitted by market participants? First, we analyse the price movements within this market since 2007 to produce a model which best describes the data. [...]
Interacting Heterogeneous Agents Produce Endogenous Inequality
(with Matthias Greiff and EJ Nell)
Abstract. We model a macroeconomy with stock flow consistent national accounts built from the local interactions of heterogenous agents (households, firms, bankers, and a government) through product, labor, bond, and money markets in discrete time. We use this model to show that, without any restrictions on the type of interactions [...]
The Age Distribution of Firms in Ireland, 1960-2009
Abstract. This paper studies the age distribution of firms in Ireland from 1961 to 2009 using data on over 159,000 firms. I build a model which mixes a lognormal distribution of firm size with an exponential distribution of firm age to explain the evolution of these data. The model is fitted using maximum likelihood estimation, [...]
Tagged Biology, Business, Education, Empirical, Evolution, Maximum likelihood, Social Sciences, Statistics