Policy Reports

Impact evaluation of the job vacancy notice obligation I

With Rafael Lalive, Patrick Arni, Tobias Lehmann, Dominik Hangartner, Joëlle Pianzola, 2021.

Abtract

This report presents the conclusions of a study on the effects of the job vacancy notice obligation (JVNO) on the labour market and immigration. The study covers the JVNO with an 8% unemployment level threshold from July 2018 to December 2019. The impact is measured using the statistical methods of difference-in-differences (DID) analysis and regression discontinuity design (RDD) on register data (specifically the AVAM employment and labour market statistics system, the ASAL unemployment insurance payment system and the ZEMIS central migration information system).

In cooperation with the SECO, Switzerland.


A review of the methodologies used in compiling owner-occupiers' housing indices.

With Beirne, K., Economides, P., Kostarakos, I., McQuinn, K. and O’Toole, C., 2020.

In cooperation with the Central Statistical Office, Ireland.


Land Use and Spatial Planning Issues

With Tom Gillespie, Ronan Lyons and Seán Lyons. In Research on the Environment, Health, Consumer Behaviour and the Economy: ESRI Environment Research Programme 2018–2020. ESRI Report November 2020.

In cooperation with Environmental Protection Agency, Ireland.


Trends in rental price inflation and the introduction of rent pressure zones in Ireland.

With Martinez-Cillero, M. and O’Toole, C., 2019. Economic and Social Research Institute.

Abtract

Rental price inflation in the private residential sector in Ireland has accelerated rapidly in recent years. This is the consequence of a confluence of factors which have led to an undersupply of both rental and owner-occupier housing and growing demand due to demographic household formation and a recovering economy. In an attempt to limit the rate of rent inflation, price controls were enacted in December 2016, which limited the rate of increase in rents to 4 per cent per annum in areas designated as Rent Pressure Zones (RPZs). RPZs can be classified at the local authority (LA) or local electoral area (LEA). A number of exemptions are available for landlords.

This study aims to understand and document the trends in rental prices in Ireland before and after the introduction of RPZs. It compares the trends in areas classified as RPZs relative to selected comparison groups of unclassified LEAs to identify whether changes in the inflation rate are evident after the policies were introduced. A range of methods have been used to undertake this assessment, including analysing the trends and developments at an LEA level using the quarterly Rent Index official series as well as an analysis at the property level using a matched sample from the RTB database.

In cooperation with the Residential Tenancy Board, Ireland.