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Housing Investment's Role in forecasting the Business Cycle and the Employment Cycle

Fry, Byron (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.
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author
Fry, Byron
supervisor
organization
year
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},
  keyword      = {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     = {eng},
  note         = {Student Paper},
  title        = {Housing Investment's Role in forecasting the Business Cycle and the Employment Cycle},
  year         = {2009},
}