The Economic and Social Review, Vol. 40, No. 2, Summer, 2009
http://hdl.handle.net/2262/62032
2024-03-28T09:43:32ZSocial partnership: from Lemass to Cowen
http://hdl.handle.net/2262/58934
Social partnership: from Lemass to Cowen
Roche, William K.
Dull and predictable though it may be, especially when contrasted with the ?heroic? era of labour and industrial relations during
the first two decades of the twentieth century, the theme of social partnership is of undoubted importance. It is of course important for Ireland, given that it
has been pivotal to industrial relations, politics and public policy over a period
of more than twenty years. While commentators differ on the weighting social
partnership should receive in accounting for Ireland?s economic recovery and unprecedented performance over much of the period since, few deny that its role was significant. Some indeed claim that it has fundamentally altered the ?rules of the game? of economic governance in modern Ireland. But Irish social partnership is of more than national significance and interest. A salient feature of the past twenty years has been the interest shown in the Irish case by some of the most distinguished international scholars of the age in the fields of industrial relations, politics and economics. Our subject matter, therefore, is of no small importance, either for our understanding of modern Ireland or for what may be learned from the Irish case with respect to ?social pacts? in general over the past two decades.
The 2008 Countess Markievicz Memorial Lecture of the Irish Association for Industrial
Relations. Delivered at Trinity College, Dublin, on 25 November 2008
2009-01-01T00:00:00ZEstimating the price overcharge from cartelisation of the Irish automobile industry
http://hdl.handle.net/2262/58928
Estimating the price overcharge from cartelisation of the Irish automobile industry
Mariuzzo, Franco; Walsh, Patrick Paul; Van Parys, Olivier
Price coordination can be very harmful for consumers. Yet, even if a cartel is proved to
exist, and successful in enforcement, how do we estimate damages or price overcharges to
consumers? We build a structural model of the Irish automobile market that avails of a crosssection of new cars and jointly estimate demand and cost primitives. We use these estimates to quantify the role that price coordination could play in terms of pricing, profits and burden of taxation in three alternative regimes: All models of cars compete in price (Regime I); Only cars of different manufacturers compete in price (Regime II); Only cars of different importers compete in price (Regime III).
2009-01-01T00:00:00ZThe misperception of inflation by Irish consumers
http://hdl.handle.net/2262/58798
The misperception of inflation by Irish consumers
Duffy, David; Lunn, Peter D.
Perceptions and forecasts of inflation have the potential to impact on a range of
economic outcomes. We reveal large, systematic overestimation of inflation by Irish consumers, which varies by social group. In contrast to previous work in this area, our models suggest the upward bias and the variation by social group should be considered substantially separate phenomena. We also offer evidence that inflation misperceptions are linked to attitudes and intentions with respect to consumption and saving and, hence, are likely to affect household decision-making. The findings therefore raise issues regarding the relationship between financial literacy and consumer behaviour.
2009-01-01T00:00:00ZResolving Ireland?s banking crisis
http://hdl.handle.net/2262/58797
Resolving Ireland?s banking crisis
Honohan, Patrick
The Irish banking system has been, in effect, on a life-support system since September 2008. Complacency resulted in the banks fuelling the late stage of an obvious construction bubble with massive foreign borrowing, leaving them exposed to solvency and liquidity risks which in past times would have been inconceivable. The Government?s steps to put the system back on a sound basis must have regard both to protecting taxpayers? interests and to ensuring that credit flows to the economy are not hampered by inadequate capital or liquidity.
Policy paper
2009-01-01T00:00:00Z