Macroeconomics

As the Irish economy recovers from the international downturn of 2007/2008, research in this area addresses new challenges critical to growth, productivity and prosperity in Ireland. Macroeconomic analysis aims to improve understanding of factors affecting priority issues, including domestic growth, stable taxation policy, the outlook for the property sector and the relationship between the macroeconomy and the financial sector.

A major feature of macroeconomic research at the ESRI is the development and maintenance of a suite of economic models. These models are used extensively in a range of studies on medium-term macroeconomic forecasting and policy analysis and also to inform research on other aspects of the economy. In order to meet the changing needs of policymakers and to avail of new and emerging trends in modelling, the ESRI is currently developing new macroeconometric models of the Irish economy, in a joint programme with the Central Bank of Ireland.

As part of its research, the ESRI produces a number of regular reports, including the Quarterly Economic Commentary, Consumer Sentiment Index, and Housing Market Index.


Main Publications in Macroeconomics Research Area


Other Misc. Outputs



On the Hook for Impaired Bank Lending: Do Sovereign-Bank Interlinkages Affect the Net Cost of a Fiscal Stimulus?
October 1, 2014 | Journal Article

Authors: Robert Kelly, Kieran McQuinn
Research Area: Macroeconomics


The PRTB/ESRI Rent Index
September 30, 2014 | Book/Report Chapter

Authors: David Duffy
Research Area: Macroeconomics


Demographic and Economic Forecasting Report: National Transport Model, Volume 3
September 17, 2014

Authors: S Crawford, Edgar Morgenroth , A Murphy
Research Area: Communications and Transport | Macroeconomics | Migration, Integration and Demography


Quarterly Economic Commentary, Summer 2014
August 7, 2014 | ESRI Forecasting Series

Authors: David Duffy, John FitzGerald , Kieran McQuinn , David Byrne , Ciara Morley
Research Area: Macroeconomics


Bubble, Bubble Toil and Trouble? An Assessment of the Current State of the Irish Housing Market
August 7, 2014 | QEC Special Article

Authors: Kieran McQuinn
Research Area: Macroeconomics


Projected Population Change and Housing Demand: A County Level Analysis
August 6, 2014 | QEC Research Note

Authors: Edgar Morgenroth
Research Area: Macroeconomics


Updated Estimates for the Extent of Negative Equity in the Irish Housing Market
August 1, 2014 | QEC Research Note

Authors: David Duffy
Research Area: Macroeconomics


Household Formation and Tenure Choice
July 30, 2014 | QEC Research Note

Authors: David Byrne, David Duffy , John FitzGerald
Research Area: Macroeconomics


The Distribution of Income and the Public Finances
July 28, 2014 | QEC Research Note

Authors: John FitzGerald
Research Area: Macroeconomics


Consumption and the Housing Market: An Irish Perspective
June 10, 2014 | Budget Perspectives

Authors: Yvonne McCarthy, Kieran McQuinn
Research Area: Macroeconomics


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