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Easter Musings

Posted on March 24, 2016 by Tom Healy

Tom Healy, Director NERI
In the course of a decade and a year of commemorations there has been much discussion and consideration about the past.  Difficult issues and questions are negotiated and depending on which tradition one tends to associate with, particular emphasis will be placed on certain events or certain interpretations.  Learning from the past is important and not to be avoided.  Looking to the future has …

Women in the workforce, low pay and the cost of early childhood care and education.

Posted on March 18, 2016 by Tom Healy

Tom Healy, Director NERI
Inequality of pay between women and men is a well documented statistical fact. But, what is the relationship between this gender gap and low pay?  How is early childhood care relevant? And what are the implications for public policy and trade unions?  This Blog looks at these questions in the Republic of Ireland against a background of three important documents that entered the public domain …

UK Budget 2016 - Ominous Revisions

Posted on March 16, 2016 by Paul Mac Flynn

Today's statement in the House of Commons marked George Osborne's eighth budget in just under six years as Chancellor. Whilst there were many eye-catching policies such as a tax on sugary drinks and reforms to ISAs, they could not distract from some major revisions to UK economic growth. The Office for Budget Responsibility cut their forecast of UK GDP growth in 2016/17 to 2%, down from 2.4% …

Posted in: Government SpendingMacroeconomicsNorthern Ireland Taxation

Slides from QEO Launch - Women & Low Pay

Posted on March 15, 2016 by Louisa O'Brien

Slides from NERI QEO Launch - Women & Low Pay

Slides from Seminar on tax shifting and ‘harmful taxes’

Posted on March 10, 2016 by Louisa O'Brien

P Sweeney NERI seminar
Click here for the slides from the NERI seminar delivered by Paul Sweeney (TASC) on 9th March 2016. The seminar was based on a recent publication by the European Trade Union Institute (ETUI) which is available here .

Posted in: Taxation

Fiscal Space, Irish Water and Water Charges

Posted on March 07, 2016 by Tom McDonnell

Water Network
In an earlier blog I noted that the government's available fiscal space over the next five years, after accounting for demographic costs and the indexing of public spending for inflation, would be somewhere in the region of €2.5 billion to €4.5 billion. The Fiscal Council estimate €3.2 billion. The fiscal pressure eases somewhat if, as expected, the European Commission ends up allowing an …

Posted in: Government SpendingInvestment

Social Housing in Northern Ireland

Posted on March 03, 2016 by Paul Mac Flynn

Publication cover - NERI Research inBrief Housing
Social housing in Northern Ireland faces unique challenges over the coming years in terms of capacity, finance and delivery. Moreover there are questions over the structure of organisation who deliver social housing and how that could be amended to best suit future needs. This InBrief looks to evaluate current social housing policy and whether Northern Ireland should look beyond the UK for best …

Posted in: InvestmentJobs

Incomes still 8%-10% below pre-crisis levels

Posted on February 18, 2016 by Micheál Collins

Earlier this week a new report from the UK think-tank The Resolution Foundation estimated that UK household incomes had finally returned to their pre-crisis levels. However, the latest data on Irish income levels tell a different story. Using data from the CSO’s SILC survey, we can track median household incomes back to 2005 (see chart). On the basis of the latest data (for 2014 and released in …

Posted in: Income

Fiscal Rules, Fiscal Space and Growth Friendly Fiscal Policies

Posted on February 12, 2016 by Tom McDonnell

Wealth25Sep
The reformed Stability and Growth Pact (SGP) and the creation of the Irish Fiscal Advisory Council (IFAC) have enhanced supervision of Irish fiscal policy and reduced the range of feasible fiscal stances an Irish government can promise or take. This new reality was brought into sharp focus with the recent debate about 'fiscal space'. The fiscal space represents the projected amount of additional …

Posted in: Government SpendingInvestmentMacroeconomicsTaxation

How Much Would a FTT Raise?

Posted on February 11, 2016 by Micheál Collins

FTT markets
This month’s NERI seminar featured a new research paper which examined the likely revenue yield for the Republic of Ireland from the implementation of a financial transactions tax (FTT). In 2011 the European Commission outlined proposals for a Europe wide FTT. Since then the proposal has been pursued by ten countries under ‘enhanced cooperation’ procedures with plans evolving to introduce …

Posted in: Taxation

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