This paper examines the determination of long-run movements in nominal exchange rates across countries. We model the long-run movement in the nominal exchange rate as depending on (i) the long-run inflation differential; and (ii) the long-run change in the real exchange rate. We argue that the...

In this paper we investigate the build-up in male long-term unemployment by allowing for heterogeneity both in the unemployment inflow and conditional survival rates. We construct semi-annual series of the male flows into and out of the Irish Live Register for the period 1967 to 1995 and develop...

This paper develops a theoretical model of how bookmakers' odds are determined, given varying levels of inside information on the part of punters. Bookmakers' attitudes towards risk and the degree of competition between them will influence bookmaker behaviour. Using a data set of 1,696 races in...

The Competition Act in 1991 repealed all legally binding Orders in Ireland except for the 1987 Groceries Order. Article 11 of this Order categorically prohibits retail pricing in the grocery sector below the net invoice price of the wholesaler or manufacturer. The vast range of products retailed...

In a recent issue of Economics and Politics Crain and Leonard (1993) described the effects of compulsory voting on government spending. The purpose of this paper is twofold. First, problems in Crain and Leonard's approach are identified. Their use of the median-voter model appears inconsistent...

Has the new Polish labour market created opportunities for all or has the distribution of work been split unequally across household types? Are low unemployment outflows caused by increased congestion from employed job seekers or by low entry wages relative to benefit levels? Using data from...

This paper focuses on replication in the sense of Herrnson (1995). It re- examines the only study of an Irish popularity function (Borooah and Borooah, 1990) in the light of recent developments in econometric methodology and in Irish politics. Using error correction models the analysis provides...

Non-standard or atypical employment in Irish manufacturing more than doubled between 1987 and 1995. This paper attempts to analyse empirically the nature of non-standard employment in Ireland using plant-level data for 1995. We focus on firm characteristics as explanatory factors. Our...

This paper provides an empirical analysis of own- and cross-price elasticities of substitution for the 1989-2000 Italian automobile industry. We use product-level data consistent with a structural model of equilibrium in a differentiated products oligopolistic industry and follow a random...