Housing Investment's Role in forecasting the Business Cycle and the Employment Cycle
(2009)Department of Economics
- Abstract
- This paper’s aim is to analyse the Irish housing cycle using filtering and regression models developed by Leamer. The paper finds that residential investment and the construction sectors have been key contributors to economic growth, and can be used in predicting the business and employment cycle. This paper focuses on the boom years of the Irish property market and its eventual cooling off, which covers a period from 1995 to 2008. There is already much literature available on the boom years of the economy, this paper takes up from where they left off and aims to reassess conclusions drawn from previous papers in light of more recent economic developments.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1436635
- author
- Fry, Byron
- supervisor
- organization
- year
- 2009
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- employment, Business, Housing, cycle, Ireland, property, Irish, prices, volume., Economics, econometrics, economic theory, economic systems, economic policy, Nationalekonomi, ekonometri, ekonomisk teori, ekonomiska system, ekonomisk politik
- language
- English
- id
- 1436635
- date added to LUP
- 2009-06-23 00:00:00
- date last changed
- 2010-08-03 10:52:36
@misc{1436635, abstract = {{This paper’s aim is to analyse the Irish housing cycle using filtering and regression models developed by Leamer. The paper finds that residential investment and the construction sectors have been key contributors to economic growth, and can be used in predicting the business and employment cycle. This paper focuses on the boom years of the Irish property market and its eventual cooling off, which covers a period from 1995 to 2008. There is already much literature available on the boom years of the economy, this paper takes up from where they left off and aims to reassess conclusions drawn from previous papers in light of more recent economic developments.}}, author = {{Fry, Byron}}, language = {{eng}}, note = {{Student Paper}}, title = {{Housing Investment's Role in forecasting the Business Cycle and the Employment Cycle}}, year = {{2009}}, }