The Changing Nature of Irish Wage Inequality from Boom to Bust

Holton, Niamh; O’Neill, Donal

doi:10.2139/ssrn.2708393

Cited by 3 publications

(3 citation statements)

References 29 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…It is for this reason that increases in the minimum wage have been described as a 'blunt instrument' for boosting the incomes of those at the bottom of the income distribution (Dorris et al, 2022;Redmond, 2020;Low Pay Commission, 2018). While limited in terms of its effect on low incomes, minimum wage policy has an important role in counteracting forces acting to increase earnings or wage inequality (Holton and O'Neill, 2017;Redmond et al, 2021), reducing the gender pay gap (Bargain et al, 2019) or limiting the extent to which employers with market power are able to capture gains from in-work transfers like the Working Families Payment (Joyce and Zilliak, 2020).…”

Section: Income Growth and Inequalitymentioning

confidence: 99%

https://www.esri.ie/publications/poverty-income-inequality-and-living-standards-in-ireland-third-annual-report

Roantree,

Doorley

2023

View full text Add to dashboard Cite

The mission of the Economic and Social Research Institute (ESRI) is to advance evidence based policymaking that supports economic sustainability and social progress in Ireland. ESRI researchers apply the highest standards of academic excellence to challenges facing policymakers, focusing on 10 areas of critical importance to 21st Century Ireland.The Institute was founded in 1960 by a group of senior civil servants led by Dr T.K. Whitaker, who identified the need for independent and in-depth research analysis to provide a robust evidence base for policymaking in Ireland.Since then, the Institute has remained committed to independent research and its work is free of any expressed ideology or political position. The Institute publishes all research reaching the appropriate academic standard, irrespective of its findings or who funds the research.The quality of its research output is guaranteed by a rigorous peer review process. ESRI researchers are experts in their fields and are committed to producing work that meets the highest academic standards and practices.The work of the Institute is disseminated widely in books, journal articles and reports. ESRI publications are available to download, free of charge, from its website. Additionally, ESRI staff communicate research findings at regular conferences and seminars.The ESRI is a company limited by guarantee, answerable to its members and governed by a Council, comprising up to 14 members who represent a crosssection of ESRI members from academia, civil services, state agencies, businesses and civil society. The Institute receives an annual grant-in-aid from the Department of Public Expenditure and Reform to support the scientific and public interest elements of the Institute's activities; the grant accounted for an average of 30 per cent of the Institute's income over the lifetime of the last Research Strategy. The remaining funding comes from research programmes supported by government departments and agencies, public bodies and competitive research programmes.

show abstract

Section: Income Growth and Inequalitymentioning

confidence: 99%

https://www.esri.ie/publications/poverty-income-inequality-and-living-standards-in-ireland-third-annual-report

Roantree,

Doorley

2023

View full text Add to dashboard Cite

show abstract

“…In particular, Maitre et al (2017) found that 17% of MW employees belong to a household that is at risk of poverty, compared to 3.3% of non-MW employees. In addition, Holton and O'Neill (2017) found that the Irish MW is an effective tool in protecting the income of low-skilled workers, particularly during recessions. Finally, in the case of Germany, microsimulation analyses by Steiner (2009, 2013) have concluded that the MW has only a small impact on overall poverty, both because it does not target poor households and because wage gains of poor households would be dampened by increased taxes and benefits withdrawn.…”

Section: (In-work) Povertymentioning

confidence: 99%

Social and fiscal impacts of statutory minimum wages in EU countries: a microsimulation analysis with EUROMOD

Grünberger

Narazani

Filauro

et al. 2022

IZA Journal of Labor Policy

View full text Add to dashboard Cite

This paper analyzes the effects of hypothetical MW (HMW) increases on social and fiscal outcomes in 21 European Union (EU) countries with a statutory national MW (NMW) based on a microsimulation approach using EUROMOD. The methodological challenges related to the use of available EU household survey data are described, along with the choices made to address these challenges. The paper assesses hypothetical scenarios in which countries with a statutory NMW increase their minimum wage (MW) to various reference values, set in relation to the gross national median and average wage. The model simulations suggest that MW increases can significantly reduce in-work poverty, wage inequality, and the gender pay gap, while generally improving the public budget balance. The implied wage increases for the beneficiaries are substantial, while the implied increases in the aggregate wage bill are generally modest. Extensions explore possible effects on employment and labor supply at the intensive margin.

show abstract

“…While limited in terms of overall poverty reduction, minimum wage policy has an important role in counteracting forces acting to increase earnings or wage inequality (Holton and O'Neill, 2017;Redmond et al, 2021), reducing the gender pay gap (Bargain et al, 2018) or limiting the extent to which employers with market power are able to capture gains from in-work transfers like the Working Families Payment (Joyce and Zilliak, 2020).…”

mentioning

confidence: 99%

Poverty, Income Inequality and Living Standards in Ireland: 2nd Annual Report

Roantree¹,

Barrett²,

Redmond³

2022

View full text Add to dashboard Cite

The mission of the Economic and Social Research Institute (ESRI) is to advance evidence-based policymaking that supports economic sustainability and social progress in Ireland. ESRI researchers apply the highest standards of academic excellence to challenges facing policymakers, focusing on 12 areas of critical importance to 21st century Ireland.The Institute was founded in 1960 by a group of senior civil servants led by Dr T. K. Whitaker, who identified the need for independent and in-depth research analysis to provide a robust evidence base for policymaking in Ireland. Since then, the Institute has remained committed to independent research and its work is free of any expressed ideology or political position. The Institute publishes all research reaching the appropriate academic standard, irrespective of its findings or who funds the research.The quality of its research output is guaranteed by a rigorous peer review process. ESRI researchers are experts in their fields and are committed to producing work that meets the highest academic standards and practices.The work of the Institute is disseminated widely in books, journal articles and reports. ESRI publications are available to download, free of charge, from its website. Additionally, ESRI staff communicate research findings at regular conferences and seminars.The ESRI is a company limited by guarantee, answerable to its members and governed by a Council, comprising 14 members who represent a cross-section of ESRI members from academia, civil services, state agencies, businesses and civil society. The Institute receives an annual grant-in-aid from the Department of Public Expenditure and Reform to support the scientific and public interest elements of the Institute's activities; the grant accounted for an average of 30 per cent of the Institute's income over the lifetime of the last Research Strategy. The remaining funding comes from research programmes supported by government departments and agencies, public bodies and competitive research programmes.

show abstract

The Changing Nature of Irish Wage Inequality from Boom to Bust

Cited by 3 publications

References 29 publications

https://www.esri.ie/publications/poverty-income-inequality-and-living-standards-in-ireland-third-annual-report

https://www.esri.ie/publications/poverty-income-inequality-and-living-standards-in-ireland-third-annual-report

Social and fiscal impacts of statutory minimum wages in EU countries: a microsimulation analysis with EUROMOD

Poverty, Income Inequality and Living Standards in Ireland: 2nd Annual Report

Contact Info

Product

Resources

About