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This paper presents a small-open-economy model calibrated to Irish data. The model can be used for many purposes. It is applied here to the EMU debate. It comes close to replicating the employment effects of sterling weakness reported in the recent ESRI study. When the assumptions on wage...
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systematically related to its level of economic development. Ireland is an interesting test case because of the importance of inward … important differences between Ireland's outward FDI and the bulk of FDI occurring in the world economy however. Ireland …
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