In this paper, we implement a new measure, the rental equivalence approach, in estimating the cost of Irish housing for … the purposes of the consumer price index (CPI). The cost of housing composes both the cost of owner occupier housing (OOH … earlier work, which reviewed the different, existing approaches taken by the CSO in estimating the cost of housing. The rental …

Although the volatility of house prices is often ascribed to demand-side factors, constraints on housing supply have … important and little-studied implications for housing dynamics. I illustrate the strong relationship in city-level data between … the volatility of house prices and the regulation of new housing supply. I then employ a dynamic structural model of …