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We estimate long-run interrelated demand functions for skilled labour, unskilled labour, clerical labour and capital services within dynamic framework using a panel of data on Irish manufacturing sectors during the 1980s. We group the sectors into three production ?types? ? high-growth sectors,...
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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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This paper examines recovery scenarios for the Irish economy. It estimates that the growth rate in potential output is 3% a year. This takes account of a permanent loss of output of 10% of GDP as a result of the recession. On this basis, and taking account of government fiscal action this year...
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