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  1. Estimating the cost of Irish housing for the CPI: a rental equivalence approach

    In this paper, we implement a new measure, the rental equivalence approach, in estimating the cost of Irish housing for the purposes of the consumer price index (CPI). The cost of housing composes both the cost of owner occupier housing (OOH) as well... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 176
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    In this paper, we implement a new measure, the rental equivalence approach, in estimating the cost of Irish housing for the purposes of the consumer price index (CPI). The cost of housing composes both the cost of owner occupier housing (OOH) as well as the cost of renting. This work, which is in conjunction with the Central Statistics Office (CSO), follows earlier work, which reviewed the different, existing approaches taken by the CSO in estimating the cost of housing. The rental equivalence approach - used to calculate the cost of OOH - seeks to isolate the consumption element of owning a home, which is consistent with its usage in the CPI. The proposed approach also benefits from the usage of existing rental indices, which are compiled and estimated by researchers in the Economic and Social Research Institute (ESRI) for the Rental Tenancy Board (RTB).

     

    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/237947
    Schriftenreihe: Working paper / ESRI ; no. 676 (September 2020)
    Umfang: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  2. Is Ireland the most intangible intensive economy in Europe?
    a growth accounting perspective
    Erschienen: January 26, 2022
    Verlag:  ESRI, Dublin

    Assessing the contribution of intangible investment to growth is a challenging and complex task for any country. However, it has become increasingly difficult to determine both the exact magnitude of economic performance and its composition in the... mehr

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    Assessing the contribution of intangible investment to growth is a challenging and complex task for any country. However, it has become increasingly difficult to determine both the exact magnitude of economic performance and its composition in the case of the Irish economy. This is mainly due to the impact of certain distortionary transactions by a select number of multinationals operating in the Irish jurisdiction. In this paper we address this issue by assessing, in a detailed manner, the contribution of intangible and tangible assets to the Irish growth story. We control for distortions in the official investment data series while also incorporating intangible assets which are not currently included in the National Accounts. Our results show that the observed unprecedented increase in the official intangible investment has a relatively minor contribution to the actual Irish labour productivity growth. Once the distortions are filtered out, Irish labour productivity growth is driven by tangible capital. More interestingly, non-national accounts intangible capital has a sizeable procyclical impact on labour productivity growth.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/265899
    Schriftenreihe: Working paper / ESRI ; no. 719 (January 2022)
    Schlagworte: Wirtschaftswachstum; Arbeitsproduktivität; Betriebsvermögen; Immaterielle Werte; Irland
    Umfang: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  3. A review of the methodologies used in compiling owner-occupiers' housing indices
    Erschienen: February 10, 2020
    Verlag:  ESRI, Dublin

    This paper examines the manner in which owner-occupiers housing costs are incorporated in the official inflation index. In particular, the focus is on the net acquisitions and the payments approach, which are currently used by the Central Statistics... mehr

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 176
    keine Fernleihe

     

    This paper examines the manner in which owner-occupiers housing costs are incorporated in the official inflation index. In particular, the focus is on the net acquisitions and the payments approach, which are currently used by the Central Statistics Office (CSO). The paper provides a detailed overview of the two approaches, along with some suggestion for further refinement.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/228298
    Schriftenreihe: Working paper / ESRI ; no. 651 (January 2020)
    Schlagworte: Mindestlohn; Arbeitsmarkttheorie; Neoklassische Theorie; Arbeitsmarktforschung; Deutschland
    Umfang: 1 Online-Ressource (circa 28 Seiten), Illustrationen