Average household incomes fall to 2006 levels
The impact of the recession has been pronounced on the domestic economy. An insight into its impact on households can be established using the latest income data from the CSO's Survey on Income and Living Conditions (SILC). In the latest edition of the NERI's Quarterly Economic Facts, indicator 4.3a...
Implementing a Site Value Tax for Ireland
External event contribution Abstract Ireland's Memorandum of Understanding (MoU) with the EU/IMF requires government to introduce a recurring annual property tax from 2012. While the MoU has not specified the precise form this new taxation measure will adopt, commitments in the National Recovery Plan 2011-2014 and Fine Gael...
Financing for Development: Tobin Taxes and National Tax Systems
External event contribution This paper contributed to a seminar entitled: Financing for Development: Tobin taxes, national tax systems and international tax transparency. The session considered the challenges associated with the need for developing countries to identify and develop sustainable revenue sources which can be used...
There are 28.3 unemployed people for every vacancy
In searching for solutions to the unemployment crisis, it can be tempting to look for cheap solutions to solve the problem. One idea is that if we cut social welfare, then the unemployed would have an incentive to look for work. As shown by indicator 2.6 of the Quarterly Economic Facts, Eurostat...
The effects of an investment stimulus
The idea of an investment stimulus got a boost last week. Though people may disagree over the extent to which this is 'new money', it shows that at the very least, the government want to be seen to be pro-investment stimulus. Coincidentally, this week I presented a working paper which uses the...
How much does working cost?
Being in work, or taking up work, incurs additional costs on households and individuals. Depending on circumstances, additional needs arise regarding travel, fuel, personal costs and childcare among others. While the existence of these additional costs is regularly cited, it is rarely quantified and...
NERI Fiscal Treaty Note
This note focuses on the economic questions surrounding the Fiscal Treaty. The structural deficit and debt brake rules are explained, and potential sources of funding are outlined. Rather than advocating which way citizens should vote, the paper aims to help voters make an informed decision.