CSO: Institutional Sector Accounts (Non-Financial and Financial)for 2011

this is a key data release – see here.

European Commission on fiscal multipliers

The European Commission has engaged in the ‘battle of the boxes’ with Box 1.5 in its new report a direct response to the IMF box on fiscal multipliers.

INFINITI 2013: Call for Papers

Next year’s INFINITI will move from TCD to Science Po Aix, and a call for papers has issued. Details are at this link. The keynotes include René M Stulz and Geert Bekaert. Submissions are online, as they have been for some time, the deadline is January 13th.

Earnings and Labour Cost Data 2011

New from the CSO here.

European Commission Forecast: Not so good for Ireland

The EC is out today with their autumn forecast, (here’s Ireland specifically (.pdf)) and the numbers don’t look great for Ireland in the short term.

Headlines:

Domestic demand to remain, ahem, subdued, until 2014;

Labour markets weak, especially construction.

Fiscal pressures to continue.

They’ve revised downward their forecast for growth from 1.9% to 1.1% for next year.

Super.