Showing 1 - 10 of 271
exercise in fiscal rectitude of the 1980s and focusing on its two most extreme cases, Denmark and Ireland. We find that at …
Persistent link: https://www.econbiz.de/10005281347
The objective of this study is to investigate the behaviour of monetary and fiscal authorities in the Euro area. Our main contribution is joint modeling of behaviour of the two authorities. Our investigation highlights a number of facts. The systematic monetary policies adopted by the non-German...
Persistent link: https://www.econbiz.de/10005656458
In terms of macroeconomic performance, the Eurozone’s first decade is a story of successful inflation-targeting by the … not happen in the Eurozone appears to be related to the presence of non-rational wage-setters in a number of member …
Persistent link: https://www.econbiz.de/10011084267
We study the determination of Irish inflation between 1935 and 2012 using a Phillips curve approach. We find that a simple backward-looking Phillips Curve that incorporates import prices is stable over the sample period and passes a number of diagnostic tests. We also consider the importance of...
Persistent link: https://www.econbiz.de/10011083710
rates in Ireland from a variety of sources for the period 1933-2012. We discuss in detail how the data set is constructed …
Persistent link: https://www.econbiz.de/10011083948
rates in Ireland over the period 1933-2012. We find cointegration and that prices, income and interest rates are weakly …
Persistent link: https://www.econbiz.de/10011084447
We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU is a significant determinant of inflation in a simple backward-looking Phillips Curve that incorporates import prices. While there is a break in 1979-80, when the link to...
Persistent link: https://www.econbiz.de/10011272719
of family limitation strategies in Ireland a century ago. Regression analysis of the data shows evidence of `spacing' in … both urban and rural Ireland. Further analysis of the so-called `replacement' problem also produces results consistent with …
Persistent link: https://www.econbiz.de/10005789159
The paper reviews the economic performance of the Republic of Ireland since 1945. Its focus is comparative: Ireland … is found wanting. The comparison confirms that the 1950s were a particularly bleak decade for Ireland but, more … surprisingly, Ireland also performed less well than predicted by convergence criteria in both 1960-73 and 1973-88. The paper then …
Persistent link: https://www.econbiz.de/10005792010
This paper explores the sources of Ireland’s relative growth performance. Using panel data for a sample of OECD … estimates of the immediate sources of Ireland’s growth differential vis-à-vis the OECD average and the other ‘cohesion …’ countries of the EU. While we find that fiscal consolidation has contributed significantly to Ireland’s improved performance, we …
Persistent link: https://www.econbiz.de/10005792268