Trends in Economic Stress and the Great Recession in Ireland

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The purpose of this technical paper is to develop a measure of economic stress, which captures the change in economic fortunes of Irish households over the period 2004 to 2011. It goes beyond income to include items such as debt, housing costs, and the difficulties and stresses of managing on reduced household incomes.

The paper examines trends in economic stress over time and considers how it is distributed across different socio-economic groups, particularly across income classes, social classes and the life-course (from younger adults to older adults).

In doing so, it also explores whether ‘traditional’ social and income class factors, or ‘new’ factors relating to stages in the life-course and new social risks across all groups, are the main drivers of observed patterns of economic stress.

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Last modified:12/05/2014