Jennifer Carroll MacNeill (Dún Laoghaire, Fine Gael) | Oireachtas source

So much of this is based on sentiment and behavioural economics rather than being a stripped fiscal analysis. It is a bit like what the professor was saying about trying to predict the speed of the recovery based on the behavioural economics of whether people will feel comfortable about returning to entertainment, shopping or other activities. There is just a great deal that we do not yet know.

I accept that our guest does not want to be too specific about what the July stimulus package should contain but I wish to talk about it in terms of sectors. Should it be driven in a sectoral way, such as at tourism or retail? Has the professor any sense of the structure of it, even if not the specifics?