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The aftermath of the 2007/08 financial crisis has resulted in many Central Banks and regulatory authorities examining the appropriateness of macroprudential policy as an effective and efficient policy option in preventing the emergence of future credit bubbles. Specific limits on loan-to-value...
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This paper analyses the household formation and tenure choice decisions of different age cohorts in the Irish market. We use data covering the years 2001 to 2011, a period which encompasses the boom, bubble and collapse in the Irish housing market. We find that the household formation decision...
Persistent link: https://www.econbiz.de/10010402343
In this paper we explore the consequences of the recent steep rise in house prices for the openness of the Irish labour market. Specifically we look at the possible effect rising house prices may have on the migration decision. Since many immigrants are in the household formation age group, and...
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A feature of the Irish economy in recent years has been the high net flow of people into the country. The analysis compares owner-occupancy by natives and immigrants in 1995 and 2004. The results show that immigrants have higher headship rates than the native population but have a much lower...
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