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Irish third-level graduates benefit significantly from their education in the form of higher earnings. This private "rate of return" is higher in Ireland than in most other OECD countries. This implies a strong case in equity terms for tuition fees. The abolition of fees in 1994 did not increase...
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This article argues that the cost increasing, supply side approach cannot adequately explain the current Irish inflation. It suggests that the correct model is one that is based on excess demand fuelled by continuing economic growth and demand-side shocks, including nominal exchange rate...
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Report prepared for the European League for Economic Co-operation
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Sims' innovation-accounting techniques are used to investigate the relationship between housing starts and mortgage availability using U.S. monthly data over 1967-1984. First, a four variable vector autoregression is employed to compute impulse response functions. The results suggest that...
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