ELA, promissory notes and all that : the fiscal costs of Anglo Irish Bank

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Title: ELA, promissory notes and all that : the fiscal costs of Anglo Irish Bank
Authors: Whelan, Karl
Permanent link: http://hdl.handle.net/10197/3718
Date: Feb-2012
Abstract: This is a briefing paper the author distributed to the Irish parliamentary committee responsible for finance and public expenditure. It describes the balance sheet of Irish Bank Resolution Corporation, the organisation that was formed by combining Anglo Irish Bank and Irish Nationwide Buildings Society. The nature of the long-run cost to the Irish state of taking over the liabilities of these institutions is outlined and suggestions are made for reducing these costs.
Funding Details: Not applicable
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Keywords: Banking crises;Anglo Irish Bank;Emergency Liquidity Assistance;European Central Bank
Subject LCSH: Banks and banking--Ireland
Anglo Irish Bank Corporation
Ireland--Appropriations and expenditures
Global Financial Crisis, 2008-2009
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

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