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Internal Devaluation and the Irish Crisis

Posted on September 23, 2016 by Tom McDonnell

Beckett Bridge
The European Trade Union Institute have published a policy inBrief by Tom McDonnell discussing the Irish economic crisis and its aftermath. You can find it here.

Posted in: Government SpendingIncomeJobsLabour costsMacroeconomicsWages

The Summer of Big Numbers

Posted on September 15, 2016 by Tom Healy

Tom Healy, Director NERI
And what a summer it has been. It was the summer of the ‘big numbers’. There was €13 billion in claimed back tax from Apple. There was an undisclosed large sum of money possibly running into billions in relation to vulture fund tax avoidance planning (referred to as ‘Section 110’ tax).  The ultimate big number was €40 billion in GDP that we didn’t realise we had in 2015 but now …

Posted in: Taxation

Opening Statement to the Budgetary Oversight Committee

Posted on September 13, 2016 by Tom McDonnell

Public sector employment
The Select Committee on Budgetary Oversight commenced a series of pre budget hearings last week with contributions from DKM, NERI, the Irish Central Bank, and the ESRI. The hearings will continue this week with contributions from the Fiscal Council and from the European Commission and then next week with contributions from the Minister for Public Expenditure and Reform, the Revenue Commissioners …

Posted in: Government SpendingInvestmentMacroeconomics

Slides from NERI Seminar on Unwinding the State subsidisation of private health insurance

Posted on September 09, 2016 by Louisa Gavin

Dr Brian Turner, UCC presenting 7 Sept 16
Slides from Wednesday 7th September, NERI Seminar on Unwinding the State subsidisation of private health insurance delivered by Dr Brian Turner, UCC.

Big Idea: A Basic Income for Northern Ireland

Posted on August 18, 2016 by Micheál Collins

nicva image big ideas
NICVA held a Festival of Economics in Belfast on Friday August 12th. Among the big ideas discussed was Basic Income. The slides below are from my 2014 presentation to a NICVA masterclass on Basic Income. They explore the issue in the context of Northern Ireland, looking at the levels, costs, and likely challenges. They should also serve as a useful starting point for further work in this area. It …

Posted in: IncomeInequalityNorthern Ireland

Slides from NERI Seminar on The Tax & Benefits System from a Lifetime Perspective

Posted on July 14, 2016 by Louisa Gavin

Barra Roantree presentation
Slides from yesterday's NERI Seminar on the Tax & Benefits System from a Lifetime Perspective delivered by Barra Roantree, IFS, London. 

Posted in: Taxation

70,000 workers are on the Minimum Wage

Posted on July 13, 2016 by Micheál Collins

Publication cover - Employees on the Minimum Wage in the ROI NERI WP37
A new NERI research paper estimates the number of workers on the minimum wage and further profiles these workers by gender, by the sector they work in and by their employment status (full-time, part-time, permanent, temporary etc). The data, which is for 2014 (the latest available), complements an earlier paper examining the situation in 2013. The key findings from the paper are: There are …

Posted in: GenderIncomeInequalityJobsWages

2016 Living Wage: no change, yet lots of change

Posted on July 11, 2016 by Micheál Collins

The 2016 Living Wage for the Republic of Ireland has been calculated by the Living Wage Technical Group. It is €11.50 per hour. The rate is unchanged from 2015. Over the past year there have been decreases in living costs for most items included in the living wage calculation. However, these decreases have been wiped out by increases in housing costs. The overall effect is an unchanged hourly …

Posted in: IncomeInequalityJobsLabour costsLiving wageWages

Four years of commentary

Posted on July 10, 2016

Tom Healy, Director NERI
Since the first Quarterly Economic Observer (QEO) published by the newly established Nevin Economic Research Institute (NERI) in March 2012 we have published 18 editions including the latest released last week (Summer 2016). Our initial Quarterly, in March 2012, focussed on the theme of investment. As the both parts of Ireland remained mired in an investment crisis in 2011/12 the first QEO …

Cheapness is not competitiveness

Posted on July 01, 2016 by Tom Healy

Tom Healy, Director NERI
With the economic and political fallout from Brexit taking its toll voices have been raised – not surprisingly – to argue against wage increases in the Republic of Ireland. The recent National Economic Dialogue in Dublin was an occasion for such an argument with its proponents claiming to cite data on wage costs. Unfortunately, time did not permit a more careful consideration of the facts. …

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