Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source
Can he rationalise the apparent decision of the academic economics profession to exclude the banking sector from economic modelling? This issue was raised by Senator O'Keeffe. It appears to be a glaring omission, even if I accept that we have the benefit of hindsight. Why was banking omitted from economic modelling?
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