3/4/2014: Learning from the Irish Experience – A Clinical Case Study in Banking Failure

Our new paper on the future of banking based on Irish experience and lessons from the crisis:

Lucey, Brian M. and Larkin, Charles James and Gurdgiev, Constantin,

Learning from the Irish Experience – A Clinical Case Study in Banking Failure (September 23, 2013).

Available at SSRN: http://ssrn.com/abstract=2329815

Abstract:  
 
We present a review of the Irish banking collapse, detailing its origins in a confluence of events. We suggest that the very concentrated nature of the Irish banking sector which will emerge from the policy decisions taken as a consequence of the collapse runs a risk of a second crisis. We survey the literature on size and efficiency and suggest some alternative policy approaches.