Blog Archive | 2016

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

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

Fiscal Implications of Demographic Changes in the Healthcare Sector

Posted on February 09, 2016 by Paul Goldrick-Kelly

The fiscal impact of predicted changes in the size and age structure of the Irish population represent a major challenge for policy planners. This paper provides estimates of the costs to the public healthcare system in real terms attributable to demographic changes over the next two decades.

Posted in: Government Spending

Euro Crisis: Causes and Some Solutions

Posted on February 01, 2016 by Tom McDonnell

50 cent 2
The euro crisis may be burning at a low heat but that doesnt mean the euro area is any better designed than it was six months ago. The latest NERI inBrief and accompanying working paper and presentation discuss the causes of the euro crisis. They argue that long-term success and stability for the currency union depends on the implementation of a package of complementary policy reforms. Policies …

Posted in: Macroeconomics

NERI Labour Market Conference 2016

Posted on January 26, 2016 by Tom McDonnell

University of Limerick
Call for papers The fourth annual NERI Labour Market Conference will be held on Friday 13th May in association with University of Limerick Department of Economics at the Kemmy Business School . The conference will run from 11:00am-16.30pm and will include research papers on various aspects of the Irish labour market and Irish labour market policy. The NERI Labour Market Conference is intended to …

Posted in: Jobs

Tackling Economic Inequality

Posted on January 20, 2016 by Micheál Collins

Economic Inequality
One could write a book, indeed volumes, on the topic of economic inequality and its possible causes, implications and remedies. In a blog (based on a short input to a recent conference) it is only possible to point towards a number of key issues; specifically six core areas relevant to our thinking on how we might more comprehensively tackle economic inequality. The list is not intended to be …

Posted in: GenderGovernment SpendingInequalityJobsTaxation

Thinking aloud about Brexit

Posted on January 15, 2016 by Tom Healy

Tom Healy, Director NERI
2016 will be dominated, among other things, by the British question.  The word ‘Brexit’ has been added to the English language.  As everyone knows by now it would mean the UK (and that includes Northern Ireland) leaving the European Union following a referendum later this year.  Historically, the island of Britain has always displayed a singular approach in international affairs possibly …

Euro Crisis: Causes and Fixes

Posted on January 15, 2016 by Tom McDonnell

Euro coin
The euro crisis was and remains a system problem. The roots of the crisis lie in a series of structural flaws in the architecture of European Monetary Union including in its design, construction and implementation. Notable design flaws include the absence of a centrally run banking union to accompany currency union, the absence of a fiscal mechanism to soften asymmetric shocks, and the absence of …

Posted in: Macroeconomics

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