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Bogus self-employment in Construction

Posted on September 17, 2019 by Ciarán Nugent

Construction hard hat
Anecdotal evidence from the Construction sector suggests bogus self-employment is rampant and growing as a share of employment in the sector. However, due to its nature, much of bogus self-employment occurs in the black economy, which raises issues around estimating precisely how widespread it is through individual level survey collection. According to the UN’s International Labour …

The link between union density and fighting climate change

Posted on September 09, 2019 by Paul Goldrick-Kelly

Climate Change.JPG
The collective challenge we face from human induced climate change cannot be overstated. Meeting this challenge will require decisive action by countries all over the world. The IPCC’s recommendation of a 45% reduction in global emissions over 2010 levels by 2030 to mitigate the worst effects of climate change implies substantial social and economic changes globally. International experience …

Budget 2020 should increase the Local Property Tax

Posted on August 30, 2019 by Tom McDonnell

social housing
Budget 2020 is an opportunity to widen the tax base and increase scope for spending on areas like childcare, education and infrastructure. One of the best ways we can do this is by increasing the property tax. The latest NERI inBrief makes just such a case. So what is the case in favour of shifting the composition of taxes in favour of a higher property tax? We can broadly summarise the case as …

Brexit, Tourism and the border

Posted on August 26, 2019 by Lisa Wilson

sign post
Last week my colleague Paul Mac Flynn in this same column warned about the need to ensure that people are not left behind, in our increasingly more probable, crashing out of the European Union without a deal. Like many other Brexit commentators, Paul Mac Flynn is of the opinion that there is no use now in debating the impacts of the various different Brexit deal options which have been on and off …

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

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