Trends in Economic Stress and the Great Recession in Ireland: An Analysis of the CSO Survey in Income and Living Conditions (SILC)

Since 2008, Ireland has experienced the most severe economic and labour market crisis since the foundation of the State. These economic and labour market changes have had a stark impact on the standard of living across the Irish population. The rapid deterioration in the labour market, the rising level of household indebtedness and stringent austerity measures to plug the public finance deficit have had a widespread impact yet there is debate about where the heaviest burden has fallen and where the economic stress has been felt most. The paper analyses data from the Survey of Income and Living Conditions for the period 2004 to 2011. The aim of the paper is to develop and test a measure of economic stress, which will capture some of the aspects of the rapid change in economic fortunes on Irish households that are not picked up by income alone. This includes tapping into features of the recession such as debt problems, unsustainable housing costs, and other difficulties associated with managing on reduced household income in a period of uncertainty. In testing such a measure we examine trends over time from boom to bust in the Irish economy and consider how economic stress is distributed across different socio-economic groups. The paper explores the distribution and level of economic stress across income class groups, social classes and the life-course and tests the thesis of ‘middle class squeeze’.

REDUCED ORDER MODELLING OF THE THERMAL BEHAVIOUR OF AN OFFICE SPACE

Reduced Order Models (ROMs) have proven to be a valid and efficient approach to model the thermal behaviour of building zones. The main issues associated with the use of zonal/lumped models are how to (1) divide the domain (lumps) and (2) evaluate the pa- rameters which characterise the lump-to-lump exchange of energy and momentum. The object of this research is to develop a methodology for the generation of ROMs from CFD models. The lumps of the ROM and their average property values are automatically ex- tracted from the CFD models through user defined constraints. This methodology has been applied to validated CFD models of a zone of the Environmental Research Insti- tute (ERI) Building in University College Cork (UCC). The ROM predicts temperature distribution in the domain with an average error lower than 2%. It is computationally efficient with an execution time of 3.45 seconds. Future steps in this research will be the development of the procedure to automatically extract the parameters which define lump-to-lump energy and momentum exchange. At the moment these parameters are evaluated through the minimisation of a cost function. The ROMs will also be utilised to predict the transient thermal behaviour of the building zone.

Office building for J.N. Stricklin, Jr., Cheraw, SC

This is a mounted photo of the office building for J.N. Stricklin, Jr. in Cheraw, S.C. The building was designed by V.H. Kendall, Jr., contractor was H. J. Rushing, and the building was completed October 1953.