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Rising House Prices in an Open Labour Market. ESRI WP166, June 2005

Duffy, David and Fitz Gerald, John and Kearney, Ide (2005) Rising House Prices in an Open Labour Market. ESRI WP166, June 2005. [Working Paper]

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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 tend to be highly skilled, we argue that the boom in house prices, by reducing the attractiveness of Ireland for potential immigrants, could reduce labour supply. Thus housing emerges as an important infrastructural constraint affecting the labour market.

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    Item Type: Working Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs > general
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > London School of Economics and Political Science (European Institute) > LEQS Discussion Papers
    Depositing User: Alyssa McDonald
    Official EU Document: No
    Language: English
    Date Deposited: 28 Nov 2018 15:55
    Number of Pages: 22
    Last Modified: 28 Nov 2018 15:55

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