Strategic enterprise management systems : tools for the 21st century

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Review of Democracy and the Political Unconscious

Noëlle McAfee analyzes social pathologies that have arisen in the United States. She argues that we have been suffering society-wide repetition compulsions and time collapses, and acting out in ways that continue the cycle of suffering. She presents a detailed prescription of how we might work through these issues more democratically and fruitfully using deliberative talking cures. McAfee’s application of the psychoanalytic model to society is fascinating and she offers very concrete and practical suggestions for how to better resolve social trauma

Energy loss mechanism for suspended micro- and nanoresonators due to the Casimir force

A so far not considered energy loss mechanism in suspended micro- and nanoresonators due to noncontact acoustical energy loss is investigated theoretically. The mechanism consists on the conversion of the mechanical energy from the vibratory motion of the resonator into acoustic waves on large nearby structures, such as the substrate, due to the coupling between the resonator and those structures resulting from the Casimir force acting over the separation gaps. Analytical expressions for the resulting quality factor Q for cantilever and bridge micro- and nanoresonators in close proximity to an underlying substrate are derived and the relevance of the mechanism is investigated, demonstrating its importance when nanometric gaps are involved

Exploring the Implications of Monetary Policy Normalisation for Irish Mortgage Arrears. Quarterly Economic Commentary Special Article, Spring 2019.

The current level of the monetary policy rate in the Eurozone is low both by international and historical standards and will likely rise over the coming years. In this Article we consider what the impact of a rise in ECB policy rates would mean for the Irish mortgage market. First, we examine the structure of the Irish mortgage market in terms of interest rate contract types and explore the link between the mortgage rate and the policy rate. Second, we draw out the results of policy modelling linking arrears and interest rates using a model put forward in Slaymaker et al. (2019). We then use this model to provide some further scenarios exploring the impact of interest rate rises on the arrears rate for particular groups of Irish households. Our findings suggest a 25 basis point increase in the policy rate would lead to a 0.1 percentage point increase in new missed mortgage payments. While households are in a better economic position to withstand policy rate increases given the recovery in the labour market and in house prices, rate rises would lead to payments rising faster than long-term income growth. Younger, lower income households who are at an earlier stage in their mortgage contract are more at risk, as are households on tracker interest rates who have a contractual pass-through from the policy rate to the lending rate