QEC Research Note

Comparing two recessions in Ireland: Global Financial Crisis vs COVID-19

This QEC Research Note was subject to refereeing prior to publication. The authors are solely responsible for the content and the views expressed.

December 17, 2020
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The QEC Research Note ‘Comparing two recessions in Ireland: Global Financial Crisis vs COVID-19’ compares the evolution of key economic indicators across the two most recent recessions in the Irish economy. We compare and contrast three types of indicators, hard indicators which measure realised outcomes, soft indicators which measure sentiments and expectations and policy responses.