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Thom, Rodney
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Thom, Rodney
Official Name
Thom, Rodney
Research Output
Now showing 1 - 10 of 26
- PublicationThe relationship between housing starts and mortgage availabilitySims' innovation-accounting techniques are used to investigate the relationship between housing starts and mortgage availability using U.S. monthly data over 1967-1984. First, a four variable vector autoregression is employed to compute impulse response functions. The results suggest that housing starts are significantly in fluenced by both interest rates and mortgage availability. Second, the estimated vector autoregression is used to compute a historical decomposition of the starts series using 1979(12) as the base period. The decomposition suggests that deregulation and the evolution of more competitive financial markets has led to a significant weakening of availability effects.
351 - PublicationThe revenue implications of tax harmonisationReport prepared for the European League for Economic Co-operation
146 - PublicationLabour supply and commodity demands : an application to Irish dataAnnual Irish data are used to estimate a model which allows for the joint determination of commodity demands and labour supply. Consumer preferences are modelled by a cost function of the Gorman polar form which permits exact linear aggregation over individuals with different money wage rates. Separability between goods and leisure is rejected by the data. Labour supply is found to be a positive function of the wage rate.
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