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Cyclical and Structural Influences on Irish Unemployment

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  • Walsh, Brendan
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    Abstract

    In the course of the 1990s the Irish unemployment rate moved from near the top to close to the bottom of the EU league table. This paper identifies the cyclical and structural factors that have contributed to the transformation of the Irish labour market. A steady gain in competitiveness facilitated rapid growth in output and employment. The links between Irish and British unemployment rates have weakened as rapid economic growth has reduced Irish unemployment to historically low levels. The role of structural changes, including the relative generosity of the social welfare system and the wage bargaining process, are discussed. Copyright 2000 by Oxford University Press.

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    Bibliographic Info

    Article provided by Oxford University Press in its journal Oxford Economic Papers.

    Volume (Year): 52 (2000)
    Issue (Month): 1 (January)
    Pages: 119-45

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    Handle: RePEc:oup:oxecpp:v:52:y:2000:i:1:p:119-45

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    Cited by:
    1. Neary, J Peter, 2006. "Measuring Competitiveness," CEPR Discussion Papers 5982, C.E.P.R. Discussion Papers.
    2. Valerie Cerra & Jarkko Soikkeli, 2002. "How Competitive is Irish Manufacturing?," IMF Working Papers 02/160, International Monetary Fund.
    3. Patrick Honohan & Anthony Leddin, 2005. "Ireland in EMU: more shocks, less insulation?," The Institute for International Integration Studies Discussion Paper Series iiisdp94, IIIS.
    4. David E. Bloom & David Canning, 2003. "Contraception and the Celtic Tiger," The Economic and Social Review, Economic and Social Studies, vol. 34(3), pages 229–247.
    5. Brendan Walsh, 2004. "The Transformation of the Irish Labour Market - 1980-2003," Working Papers 200412, School Of Economics, University College Dublin.
    6. Bergin, Adele & Kearney, Ide, 2007. "Human capital accumulation in an open labour market: Ireland in the 1990s," Economic Modelling, Elsevier, vol. 24(6), pages 839-858, November.

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