Posts by Dr Tom McDonnell

McDonnell, Tom

Dr Tom McDonnell

Tom McDonnell is senior economist at the NERI and is responsible for among other things, NERI's analysis of the Republic of Ireland economy including risks, trends and forecasts. He specialises in economic growth theory, the economics of innovation, the Irish and European economies, and fiscal policy. He previously worked as an economist at TASC and before that was a lecturer in economics at NUI Galway and at DCU. He has also taught at Maynooth University.

Tom obtained his PhD in economics from NUI Galway.


Debt, Growth and Coding Errors

Tom McDonnell 17/04/2013

Tom McDonnell: Reinhart and Rogoff's finding that the growth rate starts to decline once the public debt to GDP ratio exceeds 90% has become embraced as a stylised fact by the commentariat and in particular by the austerians. However, a recent paper by Thomas Herndon, Michael Ash and Robert Pollin has critiqued this finding. As Slate reports here, …



Optimal taxation of top incomes

Tom McDonnell 16/04/2013

Tom McDonnell: You can find an interesting paper on optimal top marginal tax rates here.… The authors find that the optimal top marginal tax rate …

Bringing Balance to Imbalance

Tom McDonnell 16/04/2013

Tom McDonnell: The results of the EU Commission's review of macroeconomic imbalances can be seen here. Andrew Watt attacks the partiality and …

Effects of the minimum wage on the jobs market

Tom McDonnell 06/03/2013

Tom McDonnell: TASC made a short submission last week to the Labour Court review of the JLC wage agreement mechanisms. The submission is available …

London Debt Agreement

Tom McDonnell 27/02/2013

Tom McDonnell: Today marks the 60th anniversary of the start of negotiations concerning post war debt relief for Germany. The "London Agreement on …

Ireland and the future of the European Union

Tom McDonnell 22/02/2013

Tom McDonnell: Presentation to the Oireachtas Joint Committee on European Union Affairs, Thursday 21st February 2013: “Ireland and the future of …

The Unhelpful Mister Rehn

Tom McDonnell 20/02/2013

Tom McDonnell: Mr. Rehn's recent open letter on fiscal multipliers; the effects of discretionary fiscal consolidation; and the relevance of economic …

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