[PDF] Top 20 Quarterly Economic Commentary, Winter 2011/Spring 2012

... Some recent work in collaboration with European research partners has examined the distributional impact of austerity measures in six EU countries – the UK, Spain, Portugal, Greece, Estonia and Ireland. The analysis  ... See full document

... in 2011 (see Figures ...in 2011, up from ...in 2011 and have slowly grown in importance during the previous two ...by 2011 in value terms standing at €3 billion ...in 2011 at ... See full document

... The situation in the international economy has deteriorated in recent months. The eurozone debt crisis has not been resolved, rather it has spread, and now two major economies, France and Italy, are pursuing restrictive ... See full document

... the Spring Quarterly Economic Commentary we expressed concern about the scale of the rollover while the country was still running a very large budget deficit and while there was some doubt ... See full document

... Before proceeding to a more detailed comparison between the two profiles, Ireland's unique population profile is worthy of note. The sharp peak at approximately 30 years is in part due to historic patterns of family ... See full document

... 1. The highest effective tax rates on corporate profits are found in the five largest EU economies (Germany, France, the UK, Italy and Spain) and also in Malta. For almost all other EU countries, the effective rates are ... See full document

... The analysis in the accompanying research note (FitzGerald, this issue) suggests a somewhat different performance by the Irish economy in recent years than has been previously estimated. This is the result of a number of ... See full document

... the Quarterly National Accounts (QNA) for GDP and GNP suggest that the economy grew slightly in ...in 2011 and ...the 2011 budgetary package on disposable income and the anticipated further job ... See full document

... In July 2008 the authorities began a policy of corrective action (see Appendix 2 for details) to help control the burgeoning deficit. Official estimates suggest that €24 billion in discretionary budgetary measures have ... See full document

... In the General Assessment, the overall negative picture is noted but we also draw attention to some positive developments since our Winter Commentary. Our assessment of the fiscal measures introduced in ... See full document

... Looking ahead, we expect the CPI to increase marginally this year, by ¼ per cent. We are forecasting average CPI inflation of 1¾ per cent in 2011. Once again, we expect the mortgage interest component to be the ... See full document

... Two recent papers** provide insights into how best to plan for Ireland’s future electricity needs. They show how better links to the British grid are necessary to allow more effective use of clean wind power and to ... See full document

... The government also announced that Increases for Qualified Children (IQCs) – awarded on top of personal rates of payment for most benefits – will from March be higher for children aged 12 and above, to reflect the ... See full document

... Nevertheless, this cohort were not always net immigrants. Figure 3.4 replots the data as estimated net migration, similarly to Figure 2 above. (The delayed 2001 Census, postponed to 2002 because of foot-and-mouth ... See full document

... The funding situation of the Irish banking sector has continued to improve over the course of 2013. A reduced sense of uncertainty has prevailed since the latter half of 2012, when a number of key developments ... See full document

... early 2011 peak, while emergency liquidity assistance from the Central Bank of Ireland is down over 40 per cent from a peak in the same ...June 2012 represented a much lower share of bank funding than in ... See full document

... on economic activity not least because so much has been borrowed by banks from the ECB and the Irish Central ...end 2012 they may be 1 percentage point higher than ... See full document

... In addition to changes in weekly rates of payments, claimants of Working Family Payment (WFP, formerly known as Family Income Supplement, or FIS) will from March be able to disregard from the WFP means test up to €93.23 ... See full document

... As noted by González Pandiella (2016), Ireland is very open to international migration flows, with immigration helping to provide the skills required by the Irish economy. The ESJS data reveal that the share of ... See full document

... the Quarterly National Household Survey ...July 2011 when the number signing on reached over ...in 2011, except for Limerick, Longford and Waterford where the Live Register had already peaked in ... See full document