http://hdl.handle.net/2262/62027 2017-11-03T02:52:06Z 2017-11-03T02:52:06Z Conniffe, Denis http://hdl.handle.net/2262/61586 2016-09-09T17:51:14Z 2007-01-01T00:00:00Z

The generalised extreme value distribution as utility function Conniffe, Denis The idea that probability distribution functions could provide appropriate mathematical forms for utility functions representing risk aversion is of respectable antiquity. But the relatively few examples that have appeared in the economics literature have displayed quite restrictive risk aversion properties. This paper examines the potential of the generalised extreme value (GEV) distribution as utility function, showing it possesses considerable flexibility as regards risk aversion properties, even in its single parameter form. The paper concludes that the GEV utility function is worth considering for applications in cases where parametric parsimony matters.

2007-01-01T00:00:00Z McGinnity, Frances Russell, Helen http://hdl.handle.net/2262/60364 2016-09-09T18:48:32Z 2007-01-01T00:00:00Z

Work rich, time poor? time-use of women and men in Ireland McGinnity, Frances; Russell, Helen Are we running out of time? This paper uses data from a recently completed time-use survey in Ireland to consider whether the recent employment growth has led to high workloads, time-pressure and a lack of free time. We examine levels of total committed time, that is, time spent on employment/education, unpaid work (caring and household work) and travel, across different groups in the population. We find high workloads among the employed and those caring for young children and adults. High levels of committed time are found to be associated with greater subjective feelings of time-pressure. Our evidence suggests that recent employment growth is likely to have contributed to time poverty and feelings of time-pressure.

2007-01-01T00:00:00Z Ruane, Frances Tol, Richard S.J. http://hdl.handle.net/2262/58992 2016-09-09T18:48:30Z 2007-01-01T00:00:00Z

Centres of research excellence in economics in the Republic of Ireland Ruane, Frances; Tol, Richard S.J. Using publication, citation and h-numbers from the Scopus and Web of Science databases, we find that research output and academic influence of economists in the Republic of Ireland are heavily skewed by researcher and by institution. A subset of the results is confirmed by similar analyses based on EconLit, Google Scholar and IDEAS/REPEC. The analysis shows that while one university dominates in terms of numbers of economists, the more productive and most cited Irish research economists are spread across a range of institutions that are heavily concentrated in the Greater Dublin Area.

2007-01-01T00:00:00Z Bermingham, Colin http://hdl.handle.net/2262/58990 2016-09-09T18:18:52Z 2007-01-01T00:00:00Z

How useful is core inflation for forecasting headline inflation? Bermingham, Colin The paper constructs various core inflation measures. These include various trimmed means using disaggregated data and a structural VAR estimate of core inflation for Ireland. The ability of these core inflation measures to forecast future headline inflation is compared using a regression model. An ARIMA model fitted to the headline inflation rate is used as the benchmark forecast. The forecasts from the ARIMA model are most accurate over short time horizons for monthly data. The structural VAR based estimate is most accurate over longer time horizons. For quarterly data, the structural VAR provides the optimal forecast over all time horizons.

2007-01-01T00:00:00Z