DEW, September 2019 – call for papers

The 42nd DEW Annual Economic Policy Conference will take place on 13/14 September 2019 in Clayton Whites Hotel, County Wexford. DEW is Ireland’s longest standing and premier forum for economic policy debate. Founded in 1977, the annual economic policy conference is attended by policymakers, academics and practitioners with a focus on evidence-based policymaking. We are now in the process of assembling speakers for this year’s event and would like to invite a call for papers in the following areas:

  • The economics of health
  • Sustainability & climate change
  • Small open economies
  • Labour market
  • 20th Anniversary of the Euro
  • Housing

Submissions should be sent to sarah@dublineconomics.com, by Thursday 18 April. All submissions will be treated fairly but cannot be guaranteed to be accepted for inclusion in the conference.

DEW Committee

Does (airport) price regulation offer lessons for protecting the public from overcharging for public investment projects?

Here is a somewhat longer version of an Op Ed I wrote for a recent edition of the Irish Independent.

The article is based on the accompanying Table, of which the current version is drawn from last year’s Issues Paper (p.52) published by the aviation regulator’s office. The Table aims to set out, comprehensively and (crucially) ex ante, all of the different ways in which a projects costs might differ from the projected costs – some good, some not so good, some catastrophic – and the appropriate regulatory policy for each.

How are we to protect taxpayers from outrageous cost escalation on public investment projects that draw from a finite pool of taxpayer funds and thereby squeeze out other plans? There may be lessons from the approach of regulatory offices that organise their assessment of capital expenditures with a view to protecting, for example, airport passengers from costs overruns on major projects such as the second terminal (T2) at Dublin airport.

SSISI Meeting (Barrington Lecture) – 5.30pm, Thursday 21st February

SSISI logo.png

The Statistical & Social Inquiry Society of Ireland [ssisi.ie]

invites you to attend the 2019 Barrington Lecture on the following topic:

US corporate tax rate cuts: Spillovers to the Irish economy

By: Daragh Clancy (European Stability Mechanism)

to be delivered on: Thursday 21st February 2019 at 5.30pm

at the: Royal Irish Academy

The proposer of thanks is Professor Frank Barry, Trinity College Dublin.

Abstract: We examine spillovers to the Irish economy from US corporate income tax rate cuts and find they lead to a small but persistent increase in Irish output. Our analysis of the transmission channels shows that this expansion is largely driven by an increase in investment, employment and exports in the externally-financed industrial sector. We also find that spillovers from US corporate income tax cuts are larger when the Irish economy is already expanding. Our findings suggest that the changing structure of the Irish economy means any spillovers to real economic activity from the recent US corporate tax cuts could be relatively minor. However, the shifting focus of foreign multinational corporations’ operations in Ireland means that there is a risk of a capital outflow.

Non-members are welcome to attend and participate in the discussion.

Brexit at Books Upstairs

Books Upstairs is very kindly hosting myself and Paul Gillespie at 6.30 pm on Thursday 28th February. We will be discussing my book, and no doubt the latest state of play as well. Space is limited, so those interested should email shop@booksupstairs.ie to reserve a place.

Irish Economic Association Annual Conference 2019

The 33rd Annual Irish Economic Association Conference will be held in The River Lee Hotel, Western Road, Cork City on Thursday May 9th and Friday May 10th, 2019.

The keynote speakers will be Dr Asli Demiguc-Kunt, , and Prof. Valentina Bosetti,  and a member of the IPCC.

The Association invites submissions of papers to be considered for the conference programme. Preference will be given to submissions that include a full paper. Papers may be on any area in Economics, Finance and Econometrics.

The deadline for submissions is Tuesday 19th of February 2019 and submissions can be made through .

https://iea2019.exordo.com