Ireland: Fiscal Transparency Assessment

IMF report here.

Behavioural Economics and Public Policy

I have posted a few times on the implications of the emerging literature on behavioural economics and public policy for Irish policy. Some readings from a previous post are available here and three others posts with links are available here. For those interested in this area, the following links may be of interest:

(i) Cass Sunstein, who is one of the main figures in this area, recently released a new book called “Simpler: The Future of Government“. It outlines an approach to government that emphasises making regulations, laws and taxes less confusing and more robust. It is partly based on academic work and partly on his time as a senior regulator in the Obama administration. It follows on from some of the ideas in the work Nudge that he co-authored with Richard Thaler. I recommend this book to anyone involved in designing regulation, taxation and policy. It is short and written clearly by someone with experience both as a high-profile academic and a senior policy-maker.

(ii) The US have now set up a version of the UK Behavioural Insights team. Details of that are here.

(iii) One of the researchers in our group has put together a data-base of studies employing what can loosely be called “Nudges” in various areas of policy. He has currently summarised 80 studies and adds to them every week or so. There are some very interesting examples across many areas of policy.

(iv) It is in the list in one of the previous links but the book I most recommend for a wide overview on behavioural science perspectives on policy is Shafir’s “Behavioural Foundations of Public Policy“. A bit heavy (in both senses of the word) if you are looking for beach-reading but I can’t recommend it more highly to people wanting a grounding in this area.

(v) I have also put together a fairly detailed reading list on behavioural economics and public policy, including legal and ethical issues.

(vi) Apologies for blatant plug but we have started our own graduate programme in this area. Queries welcome.

(vii) Added from the comments, Kevin Denny has a list of behavioural economics resources

Finally, would be interested in people’s thoughts on this agenda in the area of Irish public policy. Are there areas where changing of default options could bring defined improvements in public services? Are there environmental changes in areas like taxation, education, health, waste management that could be enacted to improve outcomes in these areas? What areas of public policy would most benefit from reducing complexity of rules and regulations? And on the other hand, are these types of policies a distraction from real macroeconomic and social issues? How much should economics education take on board new models emerging from behavioural economics?

Commission proposes Single Resolution Mechanism for the Banking Union

Details here.

Industrial Policy in Ireland

Progressive-Economy has links to a new set of TASC papers on industrial policy in Ireland (see especially the paper by Sean O’Riain):  here.

Forthcoming Conference on The Developmental Origins of Health

The Developmental Origins of Health Conference

Keynote Address by Professor James J Heckman


9.00 am-3.30 pm Thursday 10th October 2013

Royal College of Physicians of Ireland, No 6, Kildare St, Dublin 2

On Thursday October 10th, 2013, UCD Geary Institute will host a conference entitledThe Developmental Origins of Health. This conference presents the mid-term results emerging from a major European Research Council Advanced Investigator project led by Professor James Heckman at the University College Dublin, in partnership with the University of Bristol and the University of Essex.

Understanding the origins and the evolution of health inequalities is key to developing policies to promote human development. The conference highlights the work of aninterdisciplinary team of researchers who are active at the frontier of their disciplines ineconomics and epidemiology. This team is working together to create an integrated developmental approach to health which will allow us to understand the socio-biological determinants of health.  The conference presents innovative findings on the role of cognition, personality, genes, and the environment on health across the life course and across generations. Speakers will include Professor Frank Windmeijer(University of Bristol), Dr. Neil Davies (University of Bristol), Professor Steve Pudney (University of Essex), Dr. Orla Doyle (University College Dublin). The keynote address will be given by Professor James Heckman (University College Dublin & University of Chicago).

To register for the conference, please email: Carol Ellis at geary@ucd.ie. Advance registration is essential for attendance at the conference, as numbers are strictly limited. There is no charge for the conference. Tea/Coffee and lunch will be provided.The deadline for registration is Friday 20 September 2013. For further details see UCD Geary Institute Website