
Tiernan Heffernan
Tiernan Heffernan is an economist at the Central Bank of Ireland, recognized for his research on household savings behavior, particularly the impact of deposit account choices on interest earnings. His recent study revealed that Irish households lost approximately €800 million in potential interest in 2024 due to a preference for low-yield current accounts over higher-yield long-term savings options.
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Countries Mentioned
Country | Mentions | Sentiment | Dominance | + Persistence | x Population | = Reach | x GDP (millions) | = Power |
---|---|---|---|---|---|---|---|---|
Ireland | 1 | 6.00 | 0.06% | +0% | 5,030,000 | 2,818 | $5,100 | 3$ |
Totals | 1 | 5,030,000 | 2,818 | $5,100 | 3$ |
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Each country's color is based on "Mentions" from the table above.
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Ireland:
Tiernan Heffernan is a Central Bank economist who estimated the lost interest for Irish households.
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