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This paper attempts to model the nominal and real exchange rate for Ireland, relative to Germany and the UK from 1975 … exchange rates are effectively modelled, and in the case of Ireland and Germany, Ppp is found to be valid not only in the long …
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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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In 2010, Ireland was experiencing a bank crisis and a sovereign debt crisis as a result of fallout from the broader … banking sector. As a result, on December 10, 2010, the ECB and Central Bank of Ireland (CBI) entered into a bilateral …) aid package to Ireland. The ECB-CBI agreement was extended once and terminated on September 28, 2012. The BoE …
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