Blog Archive

Life is based on many assumptions (until they prove false)

Posted on June 09, 2017 by Tom Healy

Tom Healy, Director NERI
Economists are no more equipped than others to predict the future. That’s because economies are embedded in societies, institutions and human relationships. These work to confound the simplest assumptions and most refined of econometrical modelling.  While few could believe what was plainly emerging in British politics in recent times and is now very apparent following last week’s General …

Slides from NERI Seminar: ‘The Spirit level revisited: importance of relative income position for well-being’

Posted on June 09, 2017 by Louisa O'Brien

Slides from NERI Seminar on ‘The Spirit level revisited: importance of relative income position for well-being’ , presentation by Dr Lisa Wilson, Economist, NERI on 15th March, 2017.

Slides from NERI Seminar: A long-term assessment of Irish house price affordability

Posted on June 09, 2017 by Louisa O'Brien

Slides from NERI Seminar on a long-term assessment of Irish house price affordability, presentation by Dara Turnbull, Economist, AIB on 7th June, 2017.  

Housing for homes - a classic case of market failure

Posted on June 02, 2017 by Tom Healy

Tom Healy, Director NERI
‘What is the concept of market failure and give an example’ was once asked in a school examination of economics. Here is a tip if you are studying economics, yourself: take housing in Ireland as an example. It ticks lots of boxes: A chronic under-supply of housing at current cost, credit, demand and policy conditions. A chronic failure on the part of some policymakers and politicians to …

Intergenerational Inequality in Ireland

Posted on May 29, 2017 by Ciarán Nugent

A Eurobarometer poll of 16-30 year olds in 2016 found that 68% of Irish respondents felt excluded from economic and social life by the crisis compared to 57% in the EU as a whole and 27% in Germany. Although in some corners these concerns are likely to be dismissed as the whining of a spoilt, apathetic and lazy generation, addicted to PlayStation and terrible music, these concerns are borne out …

Posted in: IncomeInequalityJobsLiving wage

Labour Market research on the island of Ireland

Posted on May 22, 2017 by Tom Healy

Tom Healy, Director NERI
The fifth all-Ireland inter-disciplinary annual Labour Market conference took place in NUI Maynooth on 12th May. The biggest such conference yet, it drew participation from trade unionists, researchers and policy analysts from across the island. An overview of the 32 presentations at the conference is now available here. The theme of precarious work was very much to the fore of the conference …

Presentations from 5th Annual NERI Labour Market Conference - Maynooth University - 12 May, 2017

Posted on May 18, 2017 by Louisa O'Brien

 Labour Market Transitions and Employment Trends Session 1A, Chair: Dr Tom Healy, NERI Dr Aedín Doris, Professor Donal O’Neill, Dr Olive Sweetman, Maynooth University Does reducing unemployment benefits during a recession reduce unemployment? Evidence from a 50% cut in unemployment assistance Dr Gráinne Collins, National Disability AuthorityThe effect on employment of having a disability Dr …

The growth of precarious work in the Republic of Ireland

Posted on May 18, 2017 by Ciarán Nugent

Precarious Work
The trend of rising non-standard employment across the developed world is by now, well established.  Full-time permanent positions as a proportion of employment are in decline as part-time and fixed-term contracts are rising. The growth of ‘precarious’ work (often used as a blanket-term for low-wage and/or insecure work) has been of growing concern to policymakers, academics and workers …

Are levels of social welfare payment the problem or is it something else?

Posted on May 13, 2017 by Tom Healy

Tom Healy, Director NERI
‘Why don’t they get a job?’  “Isn’t social welfare making people chose ‘leisure’ over ‘work’?” ‘Aren’t social payments in Ireland way above those in the UK and elsewhere?. Only a particular perspective and frame of mind among economists, politicians or commentators trigger these sorts of questions. The mentality is by no means confined to those who enjoy a comfortable …

The European project: where now?

Posted on May 05, 2017

Tom Healy, Director NERI
Much has been written, to date, about Brexit. Brexit – if it happens (it probably will but don’t bet on it) – will change everything. The exit of a major EU Member State with a population of just over 65 million or 13% of the total population of 510 million in the EU28 will be a major shock. The UK accounts for 16% of total EU Gross Domestic Product. The UK is embedded in a complex network …

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