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Cost of Living Indices and Flexible Consumption Behaviour: A partial critique
(National University of Ireland, Galway, 2005)
This paper questions the alleged superiority of superlative prices indices (like the Fisher index) over more standard base year indices (like the Laspeyre index) as measures of changes in the 'cost of living' (COL). The ...
The Off-Farm Labour Force Participation of Mayo Farm Households
(National University of Ireland, Galway, 2005)
The objective of this paper is to examine the factors affecting both participation in an off-farm job and the number of hours worked off-farm by couples in farm households in an Irish region. Data from 278 farm households ...
Accounting for Skill Levels in Recreational Demand Modelling using a Clustered RUM approach
(National University of Ireland, Galway, 2005)
We adapt the standard random utility model to take account of the heterogeneity of
recreational preferences by using what we call a 'clustered conditional logit
framework'. By separating out our sample of whitewater ...