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Ireland: Selected Issues

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  • International Monetary Fund

Abstract

The Selected Issues paper analyzes how fast Ireland will grow in the future. The approach of this paper is to consider the catch-up in labor utilization productivity and use independent demographic projections and other considerations to make reasonable assumptions about labor productivity and utilization growth in the future. It uses a simple growth-accounting framework, and discusses the trends in labor utilization and productivity per hour in the past. The paper also describes the spectacular boom of the Irish housing market and its key drivers from an international perspective.

Suggested Citation

  • International Monetary Fund, 2004. "Ireland: Selected Issues," IMF Staff Country Reports 2004/349, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2004/349
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17824
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    References listed on IDEAS

    as
    1. Gerry Boyle & Rory McElligott & Jim O'Leary, 2004. "Public-Private Wage Differentials in Ireland, 1994-2001," Economics Department Working Paper Series n1421004, Department of Economics, National University of Ireland - Maynooth.
    2. Patrick Honohan, 1999. "Fiscal Adjustment and Disinflation in Ireland: Setting the Macro Basis of Economic Recovery and Expansion," Palgrave Macmillan Books, in: Frank Barry (ed.), Understanding Ireland’s Economic Growth, chapter 4, pages 75-98, Palgrave Macmillan.
    3. Patrick Honohan & Brendan Walsh, 2002. "Catching Up with the Leaders: The Irish Hare," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 33(1), pages 1-78.
    4. Casey, Barra, 2004. "An Economy-Wide Perspective on Earnings Data in Ireland," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2004(1-Spring), pages 1-22.
    5. Philip Lane, 1998. "Profits and Wages in Ireland, 1987-1996," Economics Technical Papers 9814, Trinity College Dublin, Department of Economics.
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    Cited by:

    1. Kennedy, Gerard & McIndoe-Calder, Tara, 2012. "The Irish Mortgage Market: Stylised Facts, Negative Equity and Arrears," Quarterly Bulletin Articles, Central Bank of Ireland, pages 85-108, February.
    2. International Monetary Fund, 2009. "Greece: Selected Issues," IMF Staff Country Reports 2009/245, International Monetary Fund.
    3. Traistaru-Siedschlag, Iulia, 2007. "Macroeconomic Adjustment in Ireland under the EMU," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2007(1-Spring), pages 78-92.
    4. International Monetary Fund, 2008. "Republic of Poland: Selected Issues," IMF Staff Country Reports 2008/131, International Monetary Fund.

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