implementation of strengthened activation policies and SME supports are also required to support growth and contain unemployment. …

broadening. Together with other European periphery countries, Ireland currently enjoys favorable financial market conditions, and … the government has resumed bond auctions at historically low yields. Unemployment is still high even after a significant …

A positive financial market and real sector developments support Ireland's capacity to exit the EU-IMF supported … execution remains paramount. Improvement in dealing with nonperforming loans and preventing a rise in structural unemployment is …

growth, and employment. The policy implementation of Ireland continued to remain strong, even though the country has been …

We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and … measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic … vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with …

to be maintained to further reduce unemployment. To achieve that Ireland should: • Balance its budget over the cycle … of exports appears to have made a significant contribution. The unemployment rate has declined to 10½ percent, down from … a peak of 15 percent three years ago, with long-term unemployment falling notably though still unduly high. Private …

years. In particular, it examines the experiences of Denmark, Ireland, the Netherlands, and Spain—four countries in which … similarities, but also important differences. Shocks to house prices, unemployment, and bank balance sheets were most severe in … Ireland and Spain, reflecting in part a higher amplitude of residential construction. However, the boom- bust cycle has …