Oireachtas Joint and Select Committees

Wednesday, 5 December 2018

Committee on Budgetary Oversight

Fiscal Assessment Report November 2018: Irish Fiscal Advisory Council

2:00 pm

Mr. Eddie Casey:

We are fairly happy when we talk to other users of models such as this. We talked to the Central Bank, the ESRI and the Department to the extent that they seemed to agree with the principle that this model underestimates the impacts but we cannot say how much higher the impact would be. It would be a phenomenal amount of work to get into that level of detail and we just have not gotten there.