This paper examines the role of the player type distributions in repeated zero sum games of incomplete information with discounting of payoffs. In particular the strategic "sufficiency" of the posterior distributions for histories and the Limiting properties of the posterior sequence are...

This study has a double focus, substantive and methodological. Substantively, it attempts to apply and test a fairly well known model of labour supply. From a methodological point of view, it shows how the Linear Probability Function (LPF) may be applied to the analysis of survey data. This...

This paper analyzes the role of tax policy in the transformation of the Irish economy from the 1980s to the 1990s. Details are provided of the marked underperformance of the economy in the 1980s, evidenced by rising unemployment, falling employment, stagnant living standards, and a looming...

Because the near-elderly have high expected medical expenditures, availability of health insurance is an important factor in their retirement decisions. Using Health and Retirement Study data collected in 1992-2002, the authors of this study investigate whether access to employer-provided...

In the first half of this paper I summarise the trend in Irish deaths rates over the period 1973-2006. In the second half I discuss some possible explanations of these trends.

This article argues that the cost increasing, supply side approach cannot adequately explain the current Irish inflation. It suggests that the correct model is one that is based on excess demand fuelled by continuing economic growth and demand-side shocks, including nominal exchange rate...

This paper tests a smart money-noise trader model directly by comparing its predictions with the behavior of actual investors. It assumes that individual probability of being a noise trader is diminishing in income, high-income households are smart money, lower-income households are noise...

Using survey data for 220 traditional manufacturing firms over 7 years of transition and 4 CEE countries, we find firms that produced for the EU market under planning consistently outperform those that produced for the CMEA market. Within the previously CMEA market, the best firms were selected...

The canonical inflation specification in sticky-price rational expectations models (the new-Keynesian Phillips curve) is often criticized for failing to account for the dependence of inflation on its own lags. In response, many studies employ a “hybrid” specification in which inflation...