Publications
The Price of Housing in the United States, 1890-2006. With Allison Shertzer, Rowena Gray and David Agorastos. Quarterly Journal of Economics (2026). Ungated version here.
Funded by the Lincoln Institute for Land Policy, the National Science Foundation and Trinity College Dublin. Database available at Historical Housing Prices project website (maintained by the Federal Reserve Bank of Philadelphia). My analysis of the data is on my Substack. Sample media coverage: Washington Post, Daily Mail, MarketWatch, San Francisco Chronicle.
The Supply Side Effects of Rent Controls: Quasi-Experimental Evidence for Ireland. With Tom Gillespie (Galway), Janez Kren (ESRI), and Conor O’Toole (ESRI). Journal of Housing Economics (2025).
Time to Build: Rules-based Planning and Residential Construction Project Duration in Dublin. With Éamonn Sweeney. Journal of Housing Economics, Special Issue on Upzoning.
Estimating the flood risk discount: Evidence from a one-off national information shock. Environmental and Resource Economics (2025). With Tom Gillespie and Thomas K.J. McDermott.
Housing prices, costs, and policy: The housing supply equation in Ireland since 1970. Real Estate Economics, 52, 4 (2024), 1075-1102. With Maximilian Günnewig-Mönert.
The Rise & Fall of Urban Concentration in Britain: Zipf, Gibrat and Gini across two centuries. Annals of Regional Science (2024). With Elisa Tirindelli.
Better energy cost information changes household property investment decisions: Evidence from a nationwide experiment. Energy Economics (2024). With Eleanor Denny, James Carroll and Ivan Petrov.
Social housing and the spread of population: Evidence from twentieth century Ireland. Journal of Urban Economics, 138 (2023). With Alan de Bromhead.
The Value of a Sea View: Hedonic Estimates Using 3D Simulation and Natural Language Processing. Land Economics, 100, 2 (2023), 278-295. With Tom Gillespie and Stephen Hynes.
Housing Prices, Yields and Credit Conditions in Dublin since 1945. The Journal of Real Estate Finance and Economics, 64, 3 (2022), 404-439. With Richard Keely.
Three Triggers? Negative Equity, Income Shocks and Institutions as Determinants of Mortgage Default, The Journal of Real Estate Finance and Economics 61.4 (2020): 549-575. With Andrew Linn.
How do households perceive flood-risk? The impact of flooding on the cost of accommodation in Dublin, Ireland. Science of The Total Environment, 650, 1 (2019). With Francesco Pilla and Salem S. Gharbia.
The Silent Treatment: discrimination against same-sex relations in the sharing economy. Oxford Economic Papers, 71, 3 (2019). With Rishi Ahuja.
Can list prices accurately capture housing price trends? Insights from extreme markets conditions, Finance Research Letters 30 (2019): 228-232.
Credit conditions and the housing price ratio: Evidence from Ireland’s boom and bust. Journal of Housing Economics 42 (2018): 84-96.
The impact of employment on housing prices: Detailed evidence from FDI in Ireland. Regional science and urban economics 70 (2018): 174-189. With Kerri Agnew.
The Price Effect of Building Energy Ratings in the Dublin Residential Market. Energy Efficiency 9 (2016): 875-885. With Sarah Stanley and Sean Lyons.
Housing supply in Ireland since 1990: the role of costs and regulation. Journal of the Statistical and Social Inquiry Society of Ireland, 44 (2015): 141-155. Paper based on 124th Barrington Lecture.
East, west, boom and bust: the spread of house prices and rents in Ireland, 2007-2012. Journal of Property Research 32.1 (2015): 77-101.
A monthly stock exchange index for Ireland, 1864-1930. European Review of Economic History 18.3 (2014): 248-276. With Richard S. Grossman, Kevin Hjortshøj O’Rourke & Madalina A. Ursu.
The value of domestic building energy efficiency - evidence from Ireland. Energy Economics 40 (2013): 943-952. With Marie Hyland & Sean Lyons.
The real value of house prices: what the cost of accommodation can tell policymakers. Journal of the Statistical and Social Inquiry Society of Ireland, 41 (2012): 71-91.
Books
Rent & The City: (Un)Affordable Housing in New York over two centuries. Columbia University Press (2026 expected). With Jason Barr and Rowena Gray.
Next Generation Ireland. Orpen Press, formerly Blackhall Press (2011). With Edward Burke (editors).
Planned Books:
Ireland’s Four Transformations — The Development of the Irish Economy since 1500.
Unlocking the Door — How to Fix Ireland’s Housing System.
Working Papers
Judge for Yourself? The Impact of Controls on Rents in Interwar New York. With Maximilian Günnewig-Mönert. R&R at Journal of Urban Economics.
Agglomeration and Emigration: The Economic Impact of Railways in Post-Famine Ireland. With Alan Fernihough. Revise & resubmit (R&R) at Economic Geography.
Build Better Health: Evidence from Ireland on Housing Quality and Mortality. With Alan de Bromhead and Johann Ohler. Under review.
Rental Prices and the Standard of Living in the United States, 1914-2006. With Rowena Gray and Allison Shertzer. Forthcoming in NBER-CRIW volume on Measurement of Housing (March 2026).
Skill-biased Transportation Change? Market access, housing and Dublin’s Luas light rail. With Elisa Tirindelli. Draft expected 2026Q1.
Do Rising Energy Prices Lead to Rising Energy Efficiency Premiums? With James Carroll, Tom Gillespie and Hannah Ortega McCormack. Draft expected 2026Q1.
The Affordability of Housing in American Cities, 1900-2020. With Allison Shertzer, Bryan Stuart and Rowena Gray. Draft expected 2026Q2.
Disentangling Energy Efficiency and Internal Condition: A Large-Language Model Approach. With James Carroll, Tom Gillespie and Hannah Ortega McCormack. Draft expected 2026Q1.
Work-in-Progress
The impact of flooding on housing supply in Ireland, 2014-2025. With Tom Gillespie and Thomas McDermott.
Does new supply lower rental inflation? Evidence from Dublin. With Barra McCarthy and Éamonn Sweeney.
Prices and the user cost of housing in the US before WW2. With John Duca and Max Guennewig-Moenert.
Returns to Capital in Ireland since 1800. With Richard Grossman, Masami Imai and Kevin O’Rourke.
Canadian housing prices and migration. With Emil Bandoni and Francisco Amaral.
The elasticity of housing supply in New York City over the long run. With Jason Barr and Max Guennewig-Moenert.
Wise investments or excess leverage? The financial stability implications of green mortgages. With Anuj Singh and Fang Yao.