Ireland's Exposure To a Sterling Shock
This paper examines the performance of sterling on international currency exchanges and the implications for the UK economy. Section 3 summarises the results from the EMU study published in 1996. Section four outlines the implications for Ireland of sterlings strength and considers the impact of a sudden 25 per cent depreciation in sterling onboth the Irish and the UK economies. Section five presents our conclusions.
Year of publication: |
2000-12
|
---|---|
Authors: | Duffy, David ; FitzGerald, John ; Smyth, Diarmaid |
Institutions: | Economic and Social Research Institute (ESRI) |
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