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What sort of Europe do we want?

Posted on April 29, 2016 by Tom Healy

Tom Healy, Director NERI
To brexit or not to brexit is a question for the people of the UK next month. There is, however, an even more fundamental question for all Europeans: what sort of Europe do we want and how do we attain it? Inevitably, the short-term questions and concerns regarding trade, investment, employment, migration and regulation of economic activity will drive the debate around Brexit and these matters …

The Tragedy of Hamlet

Posted on April 23, 2016 by Tom Healy

Tom Healy, Director NERI
 ‘Neither a borrower or a lender be’ so said Polonius in The Tragedy of Hamlet Prince of Denmark by William Shakespeare. However, economies in modern times don’t work this way and neither did medieval societies notwithstanding the moral strictures placed on usury.  The fact is that income does not match spending on a day-to-day or year-to-year basis.  Lending and borrowing are based on …

Slides from NERI Seminar on The Fiscal Implications of Demographic Change in the Health Sector

Posted on April 21, 2016 by Louisa Gavin

Paul GK Monthy Seminar Fiscal Health
Slides from yesterday's NERI Seminar on The Fiscal Implications of Demographic Change in the Health Sector delivered by Paul Goldrick-Kelly, NERI.  The NERI Working Paper is available here.    

Posted in: GenderLiving wage

Earnings and Low Pay in the Republic of Ireland

Posted on April 19, 2016 by Micheál Collins

SSISI-logo
A paper entitled 'Earnings and Low Pay in the Republic of Ireland' was delivered to a meeting of the Statistical and Social Inquiry Society of Ireland on Thursday 14th April. The slides from the presentation are below and the paper (forthcoming in the SSISI journal) was based on an earlier NERI working paper available here. Paper Summary: Earnings and Low Pay in the Republic of Ireland As signs …

Posted in: GenderIncomeInequalityWages

Female participation in the Irish labour market remains below EU levels

Posted on April 17, 2016 by Tom Healy

Tom Healy, Director NERI
The level and quality of employment together with the distribution of skills is central to productivity.  Full employment is possible provided that public policy is directed to this as an overriding priority. When some economists speak of a ‘natural rate of unemployment’ they betray an underlying prejudice – not based on historical evidence – that a particular rate of unemployment is …

Wage inequality on the rise

Posted on April 08, 2016 by Tom Healy

Tom Healy, Director NERI
Although inequality of income has taken up a lot of analytical space for many years much less attention has been given to trends in wage inequality. Last week I focussed on the share of labour in total income in the Republic of Ireland. This week I look at trends in wage inequality.  Two facts stand out: wage inequality in the Republic of Ireland is among the highest in the OECD world (Chart 1) …

A worrying trend in wages

Posted on April 01, 2016 by Tom Healy

Tom Healy, Director NERI
I bet you are perplexed by the title. Read on.  Since the 1980s wages have declined sharply as a proportion of total income in the Republic of Ireland. While total income or production (GDP, GNI or GVA as you wish) has grown dramatically since the early 1990s the share of wages in the total cake as declined. The Republic of Ireland is not unique by any means. In other major economies – notably …

The National Living Wage - What will it mean for Northern Ireland

Posted on March 30, 2016 by Paul Mac Flynn

50p
The National Living Wage of £7.20 will come into force from tomorrow across the UK for those aged 25 and over. This new minimum wage rate will amount to an automatic increase of 50p per hour for the coming financial year and it is set to rise to £9 per hour by 2020. There has been much discussion of how workers and businesses will be affected by the NLW and this is particularly important for …

Posted in: JobsLiving wageNorthern Ireland Wages

Easter Musings

Posted on March 24, 2016 by Tom Healy

Tom Healy, Director NERI
In the course of a decade and a year of commemorations there has been much discussion and consideration about the past.  Difficult issues and questions are negotiated and depending on which tradition one tends to associate with, particular emphasis will be placed on certain events or certain interpretations.  Learning from the past is important and not to be avoided.  Looking to the future has …

Women in the workforce, low pay and the cost of early childhood care and education.

Posted on March 18, 2016 by Tom Healy

Tom Healy, Director NERI
Inequality of pay between women and men is a well documented statistical fact. But, what is the relationship between this gender gap and low pay?  How is early childhood care relevant? And what are the implications for public policy and trade unions?  This Blog looks at these questions in the Republic of Ireland against a background of three important documents that entered the public domain …

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