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The Great Recession, Austerity and Inequality: Evidence from Ireland. ESRI WP499. April 2015

Savage, M. and Callan, T. and Nolan, B. and Colgan, B. (2015) The Great Recession, Austerity and Inequality: Evidence from Ireland. ESRI WP499. April 2015. [Working Paper]

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    The advent of the Great Recession and the widespread adoption of fiscal austerity policies have heightened concern about inequality and its effects. We examine how the distribution of income in Ireland has evolved over the years 2008 to 2013, using data from the CSO’s Survey on Income and Living Conditions. Snapshots of the income distribution show that the greatest falls in income were for the bottom decile (poorest 10 per cent). Longitudinal analysis shows that these sharp falls were not due to decreasing income for those remaining in the bottom decile, but to falling income among those with somewhat higher incomes. Most of those falling into the bottom decile came from the bottom one third of the income distribution.

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    Item Type: Working Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Working Papers
    Depositing User: Alyssa McDonald
    Official EU Document: No
    Language: English
    Date Deposited: 21 Jul 2017 14:00
    Number of Pages: 27
    Last Modified: 21 Jul 2017 14:00

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