This paper describes a structural dynamic microsimulation model of the household that has been developed to explore behavioural responses to pensions policy counterfactuals in Ireland. The model is based upon the life-cycle theory of behaviour, which assumes that individuals make their decisions...

Contents Foreword - Frances Ruane Chapter 1: Monetary Policy and Financial Stability, David Miles Chapter 2: The Stability and Growth Pact: A Fiscal Framework Whose Time Has Come?, Jim O'Leary Chapter 3: Fiscal Policy: Some Lessons from Crises of the Past, Joe Durkan Chapter 4: Restructuring...

The introduction of a property tax is now firmly on the policy agenda. Designing such a tax involves a series of choices which affect how the burden of the tax is distributed across households. In this paper we use SWITCH, the ESRI tax-benefit model, to explore the implications of alternative...