UL economist given €650k to study financial crash

Dr. Stephen Kinsella, Kemmy Business School, University of Limerick. Picture: Sean Curtin.
UNIVERSITY of Limerick economist Stephen Kinsella has been awarded €650,000 funding to lead international research projects examining the financial crisis, alongside a Nobel Laureate.

UNIVERSITY of Limerick economist Stephen Kinsella has been awarded €650,000 funding to lead international research projects examining the financial crisis, alongside a Nobel Laureate.

This is the largest amount of research funding the Kemmy Business School has received since 2009.

As part of the research, Dr Kinsella will collaborate with Nobel Laureate, Professor Joseph Stiglitz through the Institute for New Economic Thinking, New York.

This three year research project will study the evolution of debt and demography in European periphery, will develop new models to understand the European economy, and make a direct contribution to policy making in Iceland, where a new model for the country will be developed, funded by Rannis, the Icelandic statistics agency.

“As a consequence of this funding, the University of Limerick will become the world’s largest centre for stock flow consistent modelling,” said Dr Kinsella, who is a senior lecturer in economics at the Kemmy Business School, and a Research Fellow at the Geary Institute at UCD.