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Ireland appears to be in the throes of a remarkable process of social change. Over the last decade, the apparently … expose the fallacies that drive the fashionable rhetoris of Tigerhood. Four of these fallacies - that Ireland has cast off … liberty are at an unprecedented level for all citizens, and that Ireland is also experiencing a period of strong cultural …
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This paper develops a growth model with land, housing services, and other goods that is capable of explaining a substantial portion of the movements in housing prices over the past forty years. Under certainty, the model exhibits a balanced aggregate growth, but with underlying sectoral change....
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With economic growth having cooled to less than 1 percent in the first quarter of 2007, the economy can ill afford a slump in consumption by the American household. But it now appears that the household sector could finally give in to the pressures of rising gasoline prices, a weakening home...
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