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...

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...

Nolan and Callan examine why relative income poverty rates in Ireland have remained high compared with many other EU countries. They begin by presenting the basic facts of the situation and look at a variety of possible explanations for the observed patterns. They conclude that differences in...

The government's Green Paper highlights the question of whether tax incentives for pensions could be better targeted. At present, tax relief on pension contributions is offered at the full marginal rate, making the relief of greater value to those on higher incomes who pay at the top rate of...