3 research outputs found
Regional demographics and structural housing demand at a county level. ESRI Research Series 111 December 2020.
The ESRI published a report, funded by the Department of Housing, Local Heritage and Government, which provides estimates of the amount of housing needed based on projected population growth at a local authority level out to 2040
Dynamic tax revenue buoyancy estimates for a panel of OECD countries. ESRI WP592, March 2018
In this paper we provide short- and long-run tax buoyancy estimates for a panel of OECD
countries. Our results indicate that total tax revenue estimates are not different from unity,
corporate income tax buoyancies exceed unity both in the long- and the short-run, while personal
income tax buoyancies are smaller than unity; these results are robust to controlling for changes in
the respective tax rates. Moreover, after taking into account the fluctuations of the business cycle, we
observe that CIT estimates are larger during periods of contraction rather than periods of economic
expansion; these results hold both for the whole panel and the Irish economy. Moreover, we examine
the effects of using GNP instead of GDP as a base of economic activity for the Irish economy. Although
the results are qualitatively the same, the differences need to be taken into account, especially form
an economic policy point of view
A micro-macro economic analysis of pension auto-enrolment options. ESRI WP640, October 2019
Like many other countries, Ireland faces challenges in relation to the adequacy and sustainability of
pensions. These challenges have been examined in detail in a series of reports (Government of
Ireland, 2007; OECD, 2014; Government of Ireland, 2018a). All of these reports identify pension
coverage in the private sector as a key issue. Burke and Gilhawley (2018) estimate that only 30% of
the private sector in Ireland had a supplementary pension1 in 2017. As the State Contributory Pension
(SCP) is paid at a flat rate, almost 70% of private sector workers are therefore set to retire without an
earnings-related pension. For many of them, this will result in a sharp fall in living standards, as
confirmed in our analysis. With the ageing of the Irish population, over time, pensioners will account
for a greater proportion of the population and such income losses would represent a further macroeconomic
risk of a fall in aggregate consumer spending (Government of Ireland, 2018a, p. 15)