Over the past 30 years, there have been periods of boom and bust, but average household incomes have grown strongly in Ireland. The distribution of household income has been broadly stable over this period, so that there has been substantial growth for low-, middle- and high-income households....

Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per cent between 2007 and 2012, as a result of the bursting of a remarkable property bubble, an exceptionally severe banking crisis, and deep fiscal adjustment. This paper examines...