The market for a particular house can be considered a local market. Once a potential house purchaser has made a decision about which price range is affordable the purchaser must then make a number of decisions regarding the property itself. These decisions include location, which particular...

This paper examines the performance of sterling on international currency exchanges and the implications for the UK economy. Section 3 summarises the results from the EMU study published in 1996. Section four outlines the implications for Ireland of sterlings strength and considers the impact of...

Research Bulletin 2011/2/1: The Macro-economic Impact of Changing the Rate of Corporation Tax, by Thomas Conefrey and John Fitz Gerald Research Bulletin 2011/2/2: The Banking Sector and Recovery in the EU Economy, by Ray Barrell, Tatiana Fic, John FitzGerald, Ali Orazgani and Rachel Whitworth...

Executive Summary Special Article: Irish Government Debt and Implied Debt Dynamics: 2011-2015, by John FitzGerald Special Article: User Cost and Irish House Prices, by David Duffy Research Bulletin 20110301: Selling State Assets: Three Options Research Bulletin 20110302: Parents, Children and...

We use a hedonic house price model to estimate the value of green spaces and parks to homeowners in the Dublin area. Using a dataset of house sales between 2001 and 2006 and combining it with available data on the location of green spaces in Dublin it is possible to assess the different values...

Following the Euro changeover in January 2002, consumers across the Euro Area perceived a sharp rise in inflation, in contrast to official figures. Several theories have been advanced to explain this apparent economic illusion, but they struggle to account for its striking scale and persistence....

This paper first considers the dilemma facing the ECB itself in managing the eurozone economy. It then turns to the issues facing individual governments in managing their own regional economies within the euro zone - in particular the issues facing the Irish government. We first consider the...