A central issue for international monetary economics is to establish the impact of different exchange rate regimes on inflation performance. This paper addresses a key aspect of this question, how differences in country size affect inflation performance under alternative exchange rate regimes....

Despite the theoretical relationships proposed regarding exports and output, recent empirical research has found no conclusive support for a causal relationship between exports and output. This paper examines the causal relationship between exports and output using Irish data.

Academic research in the U.S. and more recently in the U.K. and Sweden, has highlighted punlic capital as a significant growth determinant. Pul\blic capital, it is argued, has a positive effect on private sector output, productivity and capital formation. However, controversy surrounds the...

The mechanism central to the concept of convergence is that, by the adoption of superior technological advancements of highre productivity countries, those countries with lower productivity levels can exhibit relatively highre productivity growth rates. Thus, in order to prosper in an...

This paper will show that in the presence of real uncertainty an increase in the perfectly anticipated growth rate of the money supply will cause an increase in both expected inflation and inflation uncertainty due to what is termed amplification effects.