Economics: Recent submissions
Now showing items 321-340 of 402
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The Uncertainty about the Social Cost of Carbon: A Decomposition Analysis Using FUND
(ESRI, 01/09/2011)We report the results of an uncertainty decomposition analysis of the social cost of carbon as estimated by FUND, a model that has a more detailed representation of the economic impact of climate change than any other ... -
Climate Policy Under Fat-Tailed Risk: An Application of Dice
(ESRI, 2011)Uncertainty plays a significant role in evaluating climate policy, and fat-tailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under ... -
The Macro-economic Impact of Changing the Rate of Corporation Tax
(ESRI, 2011)The size and importance of the market services sector within the Irish economy has increased dramatically since the mid 1990s and the sector now accounts for a significant share of overall exports. The rise in output and ... -
The Banking Sector and Recovery in the EU Economy
(ESRI, 2011)The financial crisis of the last three years has seen a dramatic change in the EU financial sector. Since the early 1990s, with the completion of the internal market, there had been a growing trend towards an EU financial ... -
Climate Policy Under Fat-Tailed Risk: An Application of Dice
(ESRI, 2011)Uncertainty plays a significant role in evaluating climate policy, and fat-tailed uncertainty may dominate policy advice. Should we make our utmost effort to prevent the arbitrarily large impacts of climate change under ... -
Debt Overhang in Emerging Europe?
(2011)This paper assesses the extent to which debt overhang poses a constraint to economic activity in Emerging Europe, as the region emerges from the recent financial and economic crisis. At the macroeconomic level, it ... -
Tax Expenditures: Revenue and Information Forgone - The Experience of Ireland
(Department of Economics, Trinity College Dublin, 2011)Tax expenditures are perceived to represent a `pervasive and growing? (OECD, 2010) element of many national taxation systems. Despite this, in many countries, there remains a critical lack of understanding of their ... -
Decomposing the Impacts of Overeducation and Overskilling on Earnings and Job Satisfaction: An Analysis Using REFLEX data
(ESRI, 05/07/2011)This paper uses the REFLEX dataset to test the hypothesis that the generally observed negative impacts of overeducation and overskilling on both job satisfaction and earnings can be attributed to under-utilisation in ... -
Decomposition of Sectoral Greenhouse Gas Emissions: A Subsystem Input-Output Model for the Republic of Ireland
(2011)The analysis of gas emissions by an input-output subsystem approach provides detailed insights into pollution generation in an economy by revealing the channels by which the environmental burdens are caused and transmitted ... -
The Impact of Government Policy on Private Car Ownership in Ireland
(2011)We construct a model of the stock of private cars in the Republic of Ireland. The model distinguishes cars by fuel, engine size and age. The modelled car stock is built up from a long history of data on sales, and calibrated ... -
The Distributional Effects of Value Added Tax in Ireland
(2011)In this paper we examine the distributional effects of Value Added Tax (VAT) in Ireland. Using the 2004/2005 Household Budget Survey, we assess the amount of VAT that households pay as a proportion of weekly disposable ... -
Checking the Price Tag on Catastrophe: The Social Cost of Carbon Under Non-linear Climate Response
(ESRI, 29/06/2011)Research into the social cost of carbon emissions ? the marginal social damage from a tonne of emitted carbon ? has tended to focus on ?best guess? scenarios. Such scenarios generally ignore the potential for low-probability, ... -
Economic Costs of Ocean Acidification: A Look into the Impacts on Shellfish Production
(ESRI, 15/06/2011)Ocean acidification is increasingly recognized as a major global problem. Yet economic assessments of its effects are currently almost absent. Unlike most other marine organisms, mollusks, which have significant commercial ... -
Schelling's Conjecture on Climate and Development: A Test
(ESRI, 10/06/2011)We use the integrated assessment model FUND to compute the income elasticities of climate change impacts for different world regions over time. We find limited support for Schelling?s Conjecture that development might be ... -
The EU/IMF Rescue Programme for Ireland 2010-13
(2011)The EU/IMF ?85 billion rescue of the Irish economy required Ireland to address critical problems in banking and bank regulation, the public finances and structural reform. Ireland must also address weak expertise in economics ... -
Cross-Border Banking in Europe: Implications for Financial Stability and Macroeconomic Policies
(Centre for Economic Policy Research, 2011)Understanding the role of banks in cross-border finance has become an urgent priority. Cross-border banks have played a central role in the dynamics of the global crisis of 2007-2009. First, European banks had a ... -
Providing Quality Pharmacy Services: Good Intentions Are Not Enough
(ESRI, 2010)Elected representatives, like consumers, want reliable good quality medical services. Pharmacy services are no exception. Providing sound advice on which drug to take for a minor ailment, or the common side effects of a ... -
International Transmission of Business Cycles
(ESRI, 2010)Increased international economic integration over the past two decades has stimulated a growing academic and policy interest in the analysis of the international transmission of business cycles. There has been renewed ... -
On International Equity Weights and National Decision Making on Climate Change
(ESRI, 2011)Climate change is a moral problem. The main reason to reduce greenhouse gas emissions is a concern for faraway lands (Schelling 2000), distant futures (Nordhaus 1982), and remote probabilities (Weitzman 2009). The people ... -
Unit Commitment for Systems with Significant Wind Penetration
(2009)The stochastic nature of wind alters the unit commitment and dispatch problem. By accounting for this uncertainty when scheduling the system, more robust schedules are produced, which should, on average, reduce expected ...