Budget 2017 - the good, the bad and the ugly

Posted on October 16, 2016 by Tom Healy

Tom Healy, Director NERI
The draft budget for 2017 for the Republic of Ireland will now be submitted to the European Commission for approval. In the meantime, the real work in relation to the implementation of Budget 2017 proposals will involve various deliberations and discussions leading to the Finance Bill in a number of weeks as well as various initiatives and announcements on foot of the proposals in ‘Budget …

The 'squeezed middle' ?

Posted on October 06, 2016 by Tom Healy

Tom Healy, Director NERI
The squeezed middle is one of those terms that has entered popular discourse in Ireland as well as abroad. Political and media pundits refer, at ease, to the ‘squeezed middle’ who are said to have borne the brunt of the recent recession or fiscal austerity and have lost out compared to those on lower incomes or those on very high incomes.  The problem is twofold: (i) nearly everyone in the …

Slides from NERI Seminar on Tax Expenditure on Occupational Pensions in Ireland: Relevance, Cost and Distribution

Posted on October 04, 2016 by Louisa Gavin

Slides from Wednesday 28th September, NERI Seminar on Occupational Pensions in Ireland: Relevance, Cost and Distribution by Dr Micheal Collins (UCD) and Prof Gerard Hughes (TCD).  

Posted in: Income

Tax heresies and half-baked truths

Posted on October 01, 2016 by Tom Healy

Tom Healy, Director NERI
Every heresy begins with a half-baked truth.  Recent weeks have seen claims that the overall level of personal taxation in the Republic of Ireland is too high and that particular groups have been unduly burdened especially since the onset of fiscal austerity in 2009.  Certainly, taxes were increased over the period from 2009 to 2013.  However, many commentators do not point out that very …

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

What sort of future for Europe?

Posted on September 22, 2016 by Tom Healy

Tom Healy, Director NERI
Terms like ‘staying in Europe’, ‘pulling out of Europe’, ‘the European project’ and similar expressions are dispensed liberally in popular discourse. The last time I checked a map, Europe comprised a lot of people form Achill in the west of Ireland to Kharyaginskiy in Russia where it is already Monday evening. The fact is that Europe is all 745 million living in this continent with …

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

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