This paper considers the impact of changes in the rate of corporation tax in Ireland affecting the services sector. A model is estimated that relates services exports and output to world activity, competitiveness and the rate of corporation tax. This model indicates that a reduction in the rate...

Section 1 of this paper sets out the historical record on convergence. It decomposes the change in GDP per head into the effects of demographic changes and changes in output per person employed. Section 2 describes a small model of the economy with skilled and unskilled labour. This model is...

This paper considers the impact on growth and convergence in the EU over the last 20 years of investment in human capital. It examines the current adjustment of a range of economies to the external imbalances at the beginning of the current crisis. Finally it considers how the adjustments under...