The Government produced their draft Stability Programme Update containing projections for the economy and the budget up to 2021. They will firm up on these numbers – along with the…
Measuring wages in an economy is pretty straight-forward – take the total amount of wages and find the proportion it makes up of GDP. That is called the ‘labour share’. …
Ah, the fiscal rules. They brought us fiscal space, the expenditure benchmark and the structural deficit. They were supposed to bring us sustainable and balanced fiscal policy to see us…
Following an exchange of graphs on Twitter with Seamus Coffey (@seamuscoffey), chair of the Irish Advisory Fiscal Council, I did some looking around Eurostat’s Structural Earnings Survey database. This dataset…
Commentary on Irish Political Economy by Michael Taft, researcher for SIPTU