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



The economic and environmental impacts of increasing the Irish carbon tax
October 9, 2018 | ESRI Research Series

Authors: Kelly C De Bruin, Aykut Mert Yakut
Research Area: Macroeconomics


Quarterly Economic Commentary, Autumn 2018
September 26, 2018 | ESRI Forecasting Series

Authors: Kieran McQuinn, Conor O'Toole , Philip Economides
Research Area: Macroeconomics


Exploring SME investment patterns in Ireland: New survey evidence
September 26, 2018 | QEC Special Article

Authors: Eric Gargan, Martina Lawless , Maria Martinez-Cillero , Conor O'Toole
Research Area: Macroeconomics


European Review of Agricultural Economics Technology heterogeneity and policy change in farm level efficiency analysis: an application to the Irish beef sector
August 17, 2018 | Journal Article

Authors: Maria Martinez-Cillero, Fiona Thorne , Michael Wallace , James Breen
Research Area: Macroeconomics


Credit conditions, macroprudential policy and house prices
June 28, 2018 | Journal Article

Authors: Robert Kelly, Fergal McCann , Conor O'Toole
Research Area: Macroeconomics


Quarterly Economic Commentary, Summer 2018
June 19, 2018 | ESRI Forecasting Series

Authors: Kieran McQuinn, Conor O'Toole , Philip Economides , Teresa Monteiro
Research Area: Macroeconomics


National accounts for a global economy: the case of Ireland
June 14, 2018 | QEC Special Article

Authors: John FitzGerald
Research Area: Macroeconomics


front cover of JA201825 Fiscal policy design in Greece in the aftermath of the crisis: an algorithmic approach
April 12, 2018 | Journal Article

Authors: Ilias Kostarakos, Stelios Kotsios
Research Area: Macroeconomics


Quarterly Economic Commentary, Spring 2018
March 22, 2018 | ESRI Forecasting Series

Authors: Kieran McQuinn, Conor O'Toole , Philip Economides , Teresa Monteiro
Research Area: Macroeconomics


front cover of QEC2018SPR_SA_Lawless Brexit and Irish consumers
March 21, 2018 | QEC Special Article

Authors: Martina Lawless, Edgar Morgenroth
Research Area: Macroeconomics


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