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This paper reviews the roles of monetary and fiscal policies in macroeconmic stabilization. In particular, we take acount of interactions between the two policy instruments and ask whether the extent of macroeconomic and policy uncertainty has changed over time, especially with the advent of...
Persistent link: https://www.econbiz.de/10005345921
This paper discusses some key issues in the application of dynamic general equilibrium analysis to open economy modelling. In the context of the new open economy macroeconomics paradigm, we focus on: (i) the currency denomination of sticky prices; (ii) the role of the current account and net...
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This paper explores the hypothesis that high volatility of real and nominal exchange rates may be due to the fact that local currency pricing eliminates the pass-through from changes in exchange rates to consumer prices. Exchange rates may be highly volatile because in a sense they have little...
Persistent link: https://www.econbiz.de/10005101953
This document provides an introduction to LaTeX for Economists, Social Scientists and those in similar disciplines. While LaTeX is of particular interest to those preparing documents containing some mathematics, tables or graphs its typesetting facilities can also benefit those preparing...
Persistent link: https://www.econbiz.de/10010885040
Whether the UK should hold a referendum on continued membership of the European Union (EU) is one of the issues in its general election to be held in May 2015. A possible British withdrawal, or Brexit, would have profound implications for Ireland and particularly for its agri-food sector, given...
Persistent link: https://www.econbiz.de/10011261198