The intergenerational impact of The Great Recession on economic stress in Ireland in a comparative perspective
ESRI Research Bulletin Articles provide short summaries of work published by ESRI researchers and overviews of thematic areas covered by ESRI programmes of research. Bulletin Articles are designed to be easily accessible to a wide readership. A reference or references to the full publication is included at the start of each Bulletin article.
|Download PDF||368.32 KB|
The impact of the Great Recession in a number of European countries and the resultant national austerity programs implemented have provoked widespread debate about how economic stress was distributed across the population. In Ireland the theme of rising inequality and the disproportionate burden imposed on the vulnerable has been prominent in policy and political discourses. However, at the same time as notions of polarization have gained prominence, the theme of ‘middle class squeeze’ has had considerable resonance for many. Significantly less attention has been paid to changes across the life course and the manner in which age and position in the income class hierarchy combine to influence outcomes. This study addressed these issues for a set of countries most severely affected by the economic crisis.