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Inflation and the pound - the rise and fall.

Posted on August 19, 2019 by Paul Mac Flynn

As the prospect of a no-deal Brexit looms, much attention has focused on how the UK economy will react to life outside the EU on the first of November. While there are likely to be some immediate impacts on day one arising from border delays and turbulence in the financial markets, it would be unwise to expect any sort of ‘big bang’ event. In reality the real economic impact of a no-deal …

Posted in: Northern Ireland

Precariousness is still elevated even after seven years of uninterrupted economic growth

Posted on August 12, 2019 by Ciarán Nugent

Precarious Work
There is no accepted definition of what exactly constitutes precarious work. Precarious work takes many forms and is characterised by in-work poverty as well as the insecurity related to the nature of many types of employment contracts (part-time work, temporary contracts, agency contracts, bogus self-employment etc.). Often, multiple forms or categories of precariousness apply to an …

Posted in: Jobs

Tax Breaks: Time for Serious Reform

Posted on August 01, 2019 by Tom McDonnell

Euro coins
Tax reform is an ongoing process. The Irish republic’s tax system is like the proverbial curate’s egg – there are good bits and bad bits. I’m going to focus here on just one of the ‘bad bits’ but first let us consider the key objective of any tax system. Key objectives The key objectives of any tax system are to raise a meaningful amount of revenue for the exchequer while at the same …

Harmful fossil fuel subsidies: a mistaken policy

Posted on July 26, 2019 by Paul Goldrick-Kelly

Icebery Melt
The Climate Change Performance Index: Results 2019 makes for concerning reading from an Irish perspective. According to the report, Ireland remains the EU’s worst performer in the composite index. The report’s authors note that “existing climate mitigation efforts will not enable Ireland to achieve either its EU 2020 or 2030 targets domestically” and that Ireland has failed to implement …

Posted in: Government Spending

Slides from the Launch of the NERI Quarterly Economic Observer (QEO) Summer, 2019

Posted on July 22, 2019 by Louisa O'Brien

Slides from the Launch of the NERI Quarterly Economic Observer (QEO) Summer, 2019 which took place in Buswells Hotel, Molesworth Street, Dublin 2 on Thursday 18th July, 2019.  Dr Tom McDonnell, Senior Economist, NERI was the lead author, the QEO proposes changes to the taxation of capital stocks in the Republic, in particular reforms to Local Property Tax.  It also outlines our latest …

The latest labour market figures: positive trends, but participation and employment rates still down

Posted on July 19, 2019 by Ciarán Nugent

Numeracy
The Central Statistics Office recently released the results of the Labour Force Survey (the newly minted official source of employment data) for the first quarter of 2019. The release corroborated much of the recent good news for the Irish labour market as general positive trends continue. In many respects however, the Irish labour market had a way to go in 2019 to full recovery from the impact …

Posted in: JobsWages

Trade Unions, Collective Bargaining and Economic Performance

Posted on June 25, 2019 by Tom McDonnell

NERI Research inBrief no 68 June 19
A key goal of workers and unions is to achieve wage growth that outstrips increasing costs of living. Trade unions can influence the labour share and the productivity channels, to the benefit of workers. Unions increase the bargaining power of labour, which enables workers to negotiate a larger slice of the economic pie. In addition, coordinated wage bargaining can impede cost competition …

Posted in: Taxation

Slides from NERI Seminar Dublin: Whither Industrial Democracy? Irish Trade Unionism and the Cooperative Commonwealth

Posted on June 07, 2019 by Louisa O'Brien

Slides from NERI Seminar Dublin: "Whither Industrial Democracy?  Irish Trade Unionism and the Cooperative Commonwealth" by Dr Cian McMahon, Postdoctoral research position, Saint Mary's University, Nova Scotia on 5th June, 2019.   NERI Seminar: Whither Industrial Democracy? Irish Trade Unionism and the Cooperative Commonwealth from NevinInstitute 

Out on our own? A sensible approach to fiscal transfers

Posted on June 05, 2019 by Paul Mac Flynn

Last week the Office for National Statistics released what they call the Country and regional public sector finances net fiscal balance tables. Whilst the name of these publication may not immediately induce interest or excitement, the information contained within them is most important. There is one figure in this report that is used by politicians in Northern Ireland more than almost any other …

Submission to the Budgetary Oversight Committee

Posted on June 05, 2019 by Tom McDonnell

The NERI will appear before the Oireachtas Budgetary Oversight Committee on the 19th of June. Our preliminary submission is here.

Posted in: Government SpendingTaxation

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