Blog Archive | 2013

QEF Indicators for Northern Ireland

Posted on February 06, 2013 by Micheál Collins

Each quarter the NERI launches an edition of Quarterly Economic Facts. The document brings together key indicators on the economies of Ireland, north and south. In each editon we compile the indicators under a series of headings dealing with areas such as people in paid work, people out of work, labour costs, the distribution of income and wealth, poverty and social exclusion, social welfare …

Income and Earnings: an insight

Posted on February 06, 2013 by Micheál Collins

Discussion on various policy options and decisions by Government is often framed in the context of the income distribution and the impact on families and individuals above and below certain income thresholds. Whether it is tax increases, welfare reductions, wage changes or the new property tax, political and media comment often refers to high and low income families, those earning more than …

Posted in: IncomeInequality

Left out and left behind

Posted on January 28, 2013 by Paul Mac Flynn

Rate of NEETs over time
The number of young people on the Island of Ireland not in education, employment or training (NEETs) has significantly increased over the last number. Similar to the overall unemployment rate, the number of NEETs remains higher in the Republic of Ireland; however the rate for Northern Ireland has risen markedly over since the crisis. The rate for 2011 was 19.2% in Northern Ireland and 23.9% in …

Along comes Tobin: the arrival of an overdue Financial Transactions Tax (FTT)

Posted on January 23, 2013 by Micheál Collins

This week's decision at EU level to initiate formal steps towards the introduction of a financial transactions tax (FTT) is a long overdue and welcome step. While it is only 11 of the 27 member states who have signed up, the tax will now evolve under the enhanced co-operation mechanism. It is unfortunate that Ireland, alone among the countries hardest hit by the financial crisis, has decided not …

Posted in: Taxation

Will the IT sector reduce unemployment?

Posted on January 21, 2013 by Rory O'Farrell

Employment shows sectoral shift
In November, the CSO re-estimated historical estimates of employment. This has caused to seasonally adjusted peak to now be place in Q1 2008 rather than in 2007.   Fundamentally the picture remains the same. There has been a sectoral shift in employment with construction hit particularly badly. There has been an increase in employment (of about 6,300 people) in the Information and Communication …

Posted in: JobsMacroeconomics

Policy Research Paper launched in Northern Ireland

Posted on January 15, 2013 by Paul Mac Flynn

Today the NERI published its first Policy Research Paper “Policy Options for Investment in Northern Ireland”. The paper will be officially launched at an event in Parliament Buildings in Belfast today. The paper seeks to highlight the infrastructural investment required in the Northern Ireland economy over the next number of years in the context of on-going economic stagnation and high …

1 in 5 children at risk of poverty

Posted on January 14, 2013 by Micheál Collins

The proportion of the Republic of Ireland's children living in households whose income is below the 60% of median income poverty line has experienced limited change over the past few years. While the years 2006-07 recorded a decrease from 22.3% to 19.9%, by 2010 almost 1 in every 5 children (19.5%) lived in a household experiencing relative income poverty. Over the period 2006-2008 the proportion …

Posted in: IncomeInequality

NERI Quarterly Economic Observer January 2013

Posted on January 09, 2013 by Micheál Collins

Income distribution NERI
The NERI has published our latest commentary on the economies of the island of Ireland today. In this edition of the Quarterly Economic Observer (QEO), we outline our expectations for the Republic of Ireland's economy for the next three years. Our projections are pessimistic, highlighting an ongoing economic stagnation as a result of continued contractions to domestic demand, sustained …

One fifth of Workers are ‘low-paid’

Posted on January 02, 2013 by Micheál Collins

Eurostat, the EU Statistics Agency, recently released new data on the proportion of low-paid workers in Ireland and across the EU. Their analysis defines low-earnings in relative terms measured as those earning two thirds or less of the national median gross hourly earnings. Median earnings are the earnings of the middle worker in the distribution of workers from the lowest earner to the highest …

Posted in: GenderIncomeInequalityJobs

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