The paper constructs various core inflation measures. These include various trimmed means using highly disaggregated data and a structural VAR estimate of core inflation for Ireland. The ability of these core inflation measures to forecast future headline inflation is compared using a simple...

The issue of forecast aggregation is to determine whether it is better to forecast a series directly or instead construct forecasts of its components and then sum these component forecasts. Notwithstanding some underlying theoretical results, it is generally accepted that forecast aggregation is...

This note examines the longer term implications for Ireland of changes to EU budgetary rules embodied in the Fiscal Compact. On the basis of fiscal projections to 2015, it presents illustrative scenarios showing the on-going correction in the budgetary position post-2015 needed to support...

The paper presents a real time database of economic time series for Ireland.