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Economic uncertainty

Posted on November 13, 2015 by Tom Healy

Tom Healy, Director NERI
(this blog was composed prior to the recent tragic events in Paris. My thoughts and prayer are with the people of France and all nations suffering from acts of war and terror).   Best of Times? was the title of a book published by researchers at the ESRI in the summer of 2007.  The book followed on from another work published in 2000 entitled ‘Bust to Boom? The Irish experience of growth and …

What do we really mean by ‘middle earners’?

Posted on November 12, 2015 by Micheál Collins

The recent Budget, and much of the commentary which accompanied it, contained recurring references to ‘middle-earners’ – almost all of it without any basis in the various numbers available on the Irish income and earnings distribution. New data from the Revenue Commissioners, published following Budget 2016, offers a chance for a more informed view of the structure of earnings in Ireland. …

Posted in: IncomeTaxation

The fiscal implications of Irish unity

Posted on November 06, 2015 by Tom Healy

Tom Healy, Director NERI
For a long time Irish history was marked by a surprising degree of consensus in favour of a united Ireland – whether as a united and politically independent island or as part of the United Kingdom.  Since 1922, there has been a marked lack of consensus about where Northern Ireland’s future lies. Partition reflects that lack of consensus. Economists are seriously at a disadvantage if they …

Posted in: Northern Ireland

Changes in employment levels by sector before, during and after the recession

Posted on November 05, 2015 by Daragh McCarthy

Enterprise Walk
Recent changes in employment The latest figures from the Quarterly National Household Survey show employment increasing in almost all sectors of the economy. The stand-out figure is employment growth of 18.5 per cent in the construction sector over the twelve months ending in June 2015. A rise in employment was recorded in all but three areas of the economy over the same period, with small—less …

Posted in: Jobs

Sustainable pensions in Northern Ireland

Posted on November 02, 2015 by Tom Healy

Tom Healy, Director NERI
In a previous Monday Blog I discussed some issues in relation to ageing population and future pension provision in the Republic of Ireland (Living Long and Living Well?). This Blog focuses on Northern Ireland where many of the same patterns, concerns and long-term questions arise. Currently there are 300,000 persons in receipt of the State Pension in Northern Ireland.  Population projections …

Posted in: Living wageNorthern Ireland

Youth Unemployment - A broader view

Posted on October 29, 2015 by Paul Mac Flynn

Youth unemployment remains one of the most enduring and destructive legacies of the financial crash and the great recession that followed it. Rates of unemployment among young people (those aged under 25) increased dramatically over the 2007 - 2009 period. The NERI's Quarterly Economic Facts indicator 2.4 shows youth unemployment rates across the 28 members of the EU and the contrasting fortunes …

Posted in: JobsNorthern Ireland

NERI Post Budget Seminar

Posted on October 22, 2015 by Daragh McCarthy

Post Budget Seminar, October 2015
The NERI seminar series resumed yesterday with an analysis of Budget 2016—presentations from each of the three speakers are available below. The speakers outlined the budgetary choices facing Irish society with a special focus on issues related to childcare and housing. Thanks to Michael Taft ( UNITE ), John-Mark Cafferty ( Society of St. Vincent de Paul ) and Dáithi Downey ( Dublin City …

Posted in: Government SpendingInequalityInvestmentMacroeconomicsTaxation

Government Debt - We're not out of the woods yet

Posted on October 19, 2015 by Tom McDonnell

Out of the woods
Changes in government debt over time reflect the impact of government deficits. The sustainability of the national debt depends on the scale of the debt in relation to the size of the economy. The government debt-to-GDP ratio is the amount of a country’s total gross government debt as a percentage of its GDP and is one of the indicators contained within the NERI’s Quarterly Economic Facts …

Posted in: Macroeconomics

Almost 1 in 5 children live in poverty

Posted on October 15, 2015 by Micheál Collins

This weeks ‘family budget’ has helped highlight the challenges Irish society continues to face regarding the provision of adequate and affordable childcare, the ability of second earners with children to join the labour force and the ongoing need for substantial investment in early childhood care and education. One context for these children-orientated policy choices is the large number of …

Posted in: IncomeInequality

Budgeting for the future

Posted on October 14, 2015 by Tom Healy

Tom Healy, Director NERI
The proposed budget for 2016 (Republic of Ireland) will go for approval by the relevant European authorities in the coming weeks. One can expect a favourable outcome from that quarter albeit with a caution that the Government ought to be spending less and paying down more of the national debt. In many respects the ‘budget’ is modelled on an annual Westminster Treasury outing involving an …

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