Stability Programme Update, April 2021

As part of the European Semester, euro area countries publish updates of their Stability Programmes in April of each year. The draft of Ireland’s 2021 SPU has been published by the Department of Finance and is available here.

As well as the draft SPU itself, the Department have posted additional material such as a spreadsheet of past forecasts and a snapshot of real-time economic indicators. These can also be found at the link above.

Sean Barrett on Building Houses

Sean Barrett in the Irish Independent writes on a two-step solution to our housing crisis – cut costs and build more, simple as that.

2021 Economic Letters from the Central Bank

Volume 2021 of the Central Bank’s Economic Letters series has seen a set of interesting contributions across a range of topics so far this year. The Economic Letters published to date are:

New Vacancy: Lectureship in Economics in NUIG

J.E. Cairnes School of Business & Economics, National University of Ireland Galway

Lecturer (Above the Bar) in Economics

Applications are invited for a permanent lectureship post, which will be located within the Discipline of Economics of the J.E. Cairnes School of Business & Economics at the National University of Ireland Galway. The Discipline seeks to provide a flourishing and diverse academic environment which integrates teaching and research, theory and empirical applications, in a policy-oriented and interdisciplinary way. The successful candidate will contribute to teaching, supervision, and examining at all levels, engage in scholarship and research, and contribute to the administration of the Discipline, the School and the College.

Candidates should hold a PhD in Economics, have demonstrated ability in teaching and capacity for supervision at undergraduate and postgraduate levels, and have a research profile commensurate with the position. The successful candidate will contribute to relevant teaching and examining at all levels, including the B.A., B.Comm. and B.Sc. degrees at undergraduate level and the various M.Econ.Sc. programs at postgraduate level; engage in scholarship and research; and assist with administration and the development of the Economics Discipline and J.E. Cairnes School of Business & Economics.

Closing date for receipt of applications is 17:00 (Irish Time) on Thursday 15th April 2021. 

For more information and Application Form please see website:  http://www.nuigalway.ie/about-us/jobs/.

Fiscal Council Conference 8th-9th February

The Fiscal Council has an exciting lineup for its fifth annual Path for the Public Finances conference.

This year’s theme is “Ensuring debt sustainability in a post-Covid world”.

The conference will focus on the theme of fiscal policy in the era of high public debt and low interest rates that follows the outbreak of Covid-19.

The conference has two sessions: the first looks at fiscal policy of high debt conditional on current interest rates (debt sustainability analysis; what does it means for the fiscal rules, how should policymakers respond). The second takes a more “big picture” look at the sustainability of low interest rates given high public debt, ageing, financial implications and whether such pressures might influence monetary policy.

The conference takes place over 8th – 9th February 2021 from 2pm – 4pm both afternoons.

Speakers include Olivier Blanchard, Agnès Bénassy-Quéré, Charles Wyplosz, Hélène Rey, Philip Lane, Antonio Fatás and Karolina Ekholm.

Full programme and Registration details are available at the Fiscal Council’s website: