Author: Philip Lane

Simon Nixon writes here.

• 10-10-2013
  Working Paper No.1 THE IMPACT OF THE PATENT CLIFF ON PHARMA-CHEM OUTPUT IN IRELAND
  
• 9-10-2013
  Budget 2014 – Endorsement letter from the Irish Fiscal Advisory Council

here.

A joint WSJ op-ed by a group of European officials here.

An FT op-ed by Tony Barber here.

The concept of a “jobless recovery” is well understood, by which employment growth lags output growth. Today’s ESRI QEC argues that the opposite pattern is currently evident in the Irish data, highlighting the adverse impact of the patent cliff on measured GDP and arguing that the underlying employment data tells a more positive story. See, in particular, this note by John Fitzgerald.

Yesterday’s presentation by the Department of Finance also provides a lot of interesting detail on the macro outlook – here.