Skip to main content

Trinity College Dublin, The University of Dublin

Menu Search

Trinity College Dublin By using this website you consent to the use of cookies in accordance with the Trinity cookie policy. For more information on cookies see our cookie policy.

Profile Photo

Mr. Ronan Lyons

Assistant Professor (Economics)

  Economic Geography   ECONOMIC HISTORY   Urban Economics
 H2PINA - Historical House Prices in North America, 1900-1960

Language Skill Reading Skill Writing Skill Speaking
English Fluent Fluent Fluent
French Basic Basic Basic
German Basic Basic Basic
Details Date From Date To
American Economic Association January 2012
European Economic Association January 2012
Royal Economic Society September 2013
Irish Economic Association January 2014
American Real Estate & Urban Economics Association January 2013
Economic & Social History Society of Ireland January 2014
Economic History Association January 2014
Economic History Society January 2014
Statistical & Social Inquiry Society of Ireland March 2015
, The impact of employment on housing prices: Detailed evidence from FDI in Ireland, Regional Science and Urban Economics, 2018, Journal Article, PUBLISHED
, Housing Market: Supply, Pricing and Servicing Issues, The Economy of Ireland: Policy-Making in a Global Context, 2017, Journal Article, PUBLISHED
, Housing and Austerity: A Two-Way Street, Debating austerity in Ireland: crisis, experience and recovery, 2017, Journal Article, PUBLISHED
Salem S. Gharbia, Ronan Lyons, Owen Naughton, Vincent Farrelly, Francesco Pilla, Attitudes to systemic risk: the impact of flood risk on the housing market in Dublin, 18th Mediterranean Electrotechnical Conference MELECON 2016, Cyprus, 18-20 April, IEEE, 2016, Conference Paper, PUBLISHED  TARA - Full Text
Sarah Stanley, Ronan C. Lyons, Sean Lyons, The Price Effect of Building Energy Ratings in the Dublin Residential Market, Energy Efficiency, 9, (4), 2016, p875 - 885, Journal Article, PUBLISHED  DOI
Ronan C. Lyons, Housing supply in Ireland since 1990: the role of costs and regulation, Journal of the Statistical & Social Inquiry Society of Ireland, 2015, p , Journal Article, PUBLISHED  URL
Sarah Stanley, Ronan C Lyons, Sean Lyons, The price effect of building energy ratings in the Dublin residential market, Energy Efficiency, 2015, Journal Article, PUBLISHED  DOI
Richard S. Grossman & Ronan C. Lyons & Kevin H. O'Rourke & Madalina A. Ursu, A monthly stock exchange index for Ireland, 1864-1930, European Review of Economic History, 18, (3), 2014, p248 - 276, Journal Article, PUBLISHED  DOI
Ronan C Lyons, East, west, boom and bust: the spread of house prices and rents in Ireland, 2007-2012, Journal of Property Research, 2014, Journal Article, PUBLISHED  DOI  URL
Marie Hyland, Ronan C. Lyons & Sean Lyons, The value of domestic building energy efficiency - evidence from Ireland, Energy Economics, 40(C), 2013, p943 - 952, Journal Article, PUBLISHED  DOI  URL

Page 1 of 2
The spread of rents in Ireland, over time and space in, editor(s)Lorcan Sirr , Renting in Ireland, Dublin, Institute of Public Administration, 2014, [Ronan C. Lyons], Book Chapter, PUBLISHED
Ed Burke and Ronan Lyons (editors), Next Generation Ireland, Dublin, Orpen Press, 2011, Book, PUBLISHED


Award Date
Barrington Medal 2015
Foley-BĂ©jar Scholarship, Balliol College (Oxford) 2011
Foundation Scholarship, Trinity College (Dublin) 2000
Depfa Bank Scholarship 2001
Economic activity and human welfare are spread remarkably unevenly in the world. To understand this, economics needs to recognise the importance of both time and place. On the one hand, the persistent gap between wealthy and poor countries is a consequence of the Industrial Revolution that began around the turn of the 18th Century. On the other hand, the fact that the almost all income and wealth is concentrated geographically on a tiny fraction of the world's land underscores the huge - and perhaps growing - importance of location and clusters. As a result, my research is focused on both economic history and economic geography. There are five areas where my research is currently focused. Firstly, much of my research examines the economics of housing markets. Housing constitutes both the biggest item of expenditure and the most popular investment class and is therefore central to understanding economic cycles, such as the "Great Recession" starting in 2007. The Irish housing bubble of 1995-2007 and the subsequent crash represent a unique opportunity to understand not just the internal mechanics of the housing market, including the central role of consumer expectations, but also how housing relates to the rest of the economy, in particular the financial sector and credit conditions. Clearly, housing demand is important but so too is the supply of housing, which remains poorly understood internationally and this is another area of focus in my research. Lastly, I am interested in the links between housing and labour markets. Related to this, I am interested in what we can learn from the housing market about how people value what are typically termed non-market services. It is no secret that houses close to good schools or transport links are more expensive than those that are not. Economic techniques can reveal how much the average household values a whole range of amenities, including natural and cultural amenities and market depth. While fiscal policy has traditionally been based on costs, rather than the ratio of costs and benefits, high levels of debt throughout the developed world mean that the focus of policymakers must shift to understanding social return on public spending, rather than seeing it as a black box. In this context, the valuation of amenities moves from being an interesting phenomenon to the foundation of solid fiscal policy. My final area of focus in economic geography is sustainable and behavioural real estate. If making your home more energy efficient has both an income effect (lower bills) and a wealth effect (your home is more valuable), why don't all homeowners upgrade their homes? Is this explained by imperfect capital markets, with banks unwilling to lend for such purposes, or imperfect rationality, with households not budging until they are nudged. My interests in economic history are quantitative and relate to income and wealth. They can be broken down into two main areas. The first is relative factor returns: how much did a skilled worker earn, relative to an unskilled worker or an acre of land? How and why did this vary across countries and over time? Income inequality is a major policy concern, both within and across economies, and understanding the contribution of factors such as trade and technology over the long run can inform current debates. Lastly, I am interested in constructing long-run series in income and wealth. Over recent years, I and other have been building a dataset of Irish equity prices from the 1800s. The relationship between equity returns and returns on other assets, such as property or human capital, is pivotal in understanding how the economic system as a whole, which is beyond anyone's control, functions.