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Northern Ireland at a crossroads

Posted on August 29, 2015 by Tom Healy

Tom Healy, Director NERI
In recent weeks Northern Ireland has been more to the fore in the news in the Republic of Ireland, As a general rule you know that the economy and society of Northern Ireland are not in such bad shape when they seem to disappear from the news in southern Ireland. The troubles were a regular daily reporting item there throughout the 1970s and 1980s. A gradual breakout of peace and a rising …

New Research on Market Income and its Distribution

Posted on August 26, 2015 by Micheál Collins

The latest NERI Research inBrief examines the underlying distribution of market income in the Republic of Ireland. Market income captures the income received by employees as earnings, the profits of the self-employed and other ‘unearned’ income including rental income, private pension income, investment income and interest income. It is in effect the pre-distribution of income; that which …

Posted in: IncomeInequalityWages

How precarious is new work?

Posted on August 24, 2015 by Tom Healy

Tom Healy, Director NERI
Suppose you plan to take out a bank loan or mortgage … the first question you will be asked relates to your salary slip or income statement. But, what if you don’t know for sure what your income is next week let alone next year? Many self-employed workers find themselves in this situation. And, a growing number of employees are also living in situations of uncertainty and precariousness not …

Posted in: Jobs

Underemployment in Northern Ireland

Posted on August 19, 2015 by Paul Mac Flynn

Publication cover - Quarterly Economic Observer, Summer2015
In June of this year the Northern Ireland Statistics and Research Agency released a paper on the subject of underemploymentent in Northern Ireland. Underemploymnet has become a key policy issue of late due to improving conditions in the labour market. As the paper sets out, underemployment is defined as "A person who is in employment, working less than 48 hours per week, would like to work …

Posted in: JobsNorthern Ireland

UK 'Living Wage' move announced

Posted on August 14, 2015 by Tom Healy

Tom Healy, Director NERI
It is estimated that around 166,700 employees, or 23% of the total in Northern Ireland earned below £7.20 per hour in April 2014.  On the face of it, UK Chancellor, George Osborne's announcement that the UK minimum wage would rise to £7.20 by next year is good news for many of these workers. In the most recent UK budget the Government has committed itself to the gradual implementation of a …

Social and economic investment holds the key

Posted on August 06, 2015 by Tom Healy

Tom Healy, Director NERI
Spending on productive capacity includes not just ‘bricks and mortar’ but all those resources that give rise to socially useful results over time. Spend today and reap a return in the future: this is the logic of investment. It can cover investment in education and skills as well as investment in knowledge and, of course, machinery, building, lands and equipment.  Not all forms of investment …

Posted in: Government SpendingInvestmentJobs

The impact of precarious work on wages, productivity and economic growth

Posted on August 06, 2015 by Daragh McCarthy

Temp Wanted
Temporary, short-term forms of employment in the early stages of an economic recovery are a well-established feature of the labour market; however, recent research by the OECD  has raised the concern that this practice has become a more deeply ingrained, lasting characteristic in the world of work. The issue of precarious jobs and the impact this form of employment has on households and the …

Posted in: InequalityJobsMacroeconomicsWages

The Structural Balance - Where Facts become blurred

Posted on August 05, 2015 by Tom McDonnell

Publication cover - Quarterly Economic Facts Summer 2015
Ireland is expected to successfully exit the corrective arm of the Stability and Growth Pact (SGP) at the end of 2015. From 2016 onwards Irish budgetary policy will be subject to the requirements of the preventive arm of the SGP as well as being subject to national budgetary rules. The preventive arm of the SGP is assessed under two pillars. One of these pillars is the structural balance rule. …

Posted in: Government SpendingMacroeconomicsTaxation

Monday Blog—Review of 2013

Posted on July 31, 2015 by Tom Healy

This week's blog looks back at articles from 2013: Title Date Main Keyword Other Keywords Economic Development with a purpose 23-DecVisionTaxation, Public spending, Jobs Where to now (Post-Troika)? 16-DecDomestic economyTaxation, Vision, Jobs A Modest Proposal 09-DecInvestmentJobs, Domestic economy Anglo-Irish Bank is dead. Long live its debt? 02-DecDebtDomestic economy Are we over-spending? …

Monday Blog—Review of 2014

Posted on July 27, 2015 by Tom Healy

This week's blog looks back at articles from 2014: Topic Date Main Keyword Other Keywords Ageing well 22-DecDemographicsPensions, Social wage The Wages Elephant is in the Domestic Parlour 15-DecWagesMacro economy, Social wage Imagining a different society 08-DecVisionInvestment, Social wage Things you always wanted to know about Northern Ireland public finances (Part 2) 01-DecGovernment …

Posted in: Government SpendingIncomeInequalityInvestmentJobsLiving wageMacroeconomicsTaxationWages

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