Tiernan Heffernan
economistMale0.0Global Dominance: 0.00%
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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Recent news mentions
Heffernan is an economist at the Central Bank who explores how savings were built up during the Covid shutdowns.
Why do Irish people continue to make the same mistakes with their savings? – The Irish TimesThe Irish Times – major Irish daily, est. 1859·
Ireland· 2025-05-01
Ireland· 2025-05-01Tiernan Heffernan is a Central Bank economist who estimated the lost interest for Irish households.
Current account use cost Irish households €800m in lost interest – The Irish TimesThe Irish Times – major Irish daily, est. 1859·Ireland· 2025-04-05
Ireland· 2025-04-05Also mentioned
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