Browsing Economic and Social Review by Author "Thom, Rodney"
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In search of a causal relationship between industrial output and employment in Ireland: a comment
Thom, Rodney; Fell, John P.C. (Economic & Social StudiesDublin, 1989)John Fell has produced a stimulating paper which uses V A R methodology to address the issue of causal relationships between employment and output at both aggregate and disaggregated levels. Given the techniques employed, ... -
Interest and non-interest terms in the process of mortgage market clearing: a reply
Browne, F. X.; Thom, Rodney (Economic & Social StudiesDublin, 1990)Thom (1990) argues that, in a situation of excess mortgage demand, loan applicants "with relatively low LV ratios (high DR ratios) have their demands satisfied while those with relatively high LV ratios are placed in a ... -
Interest and non-interest terms in the process of mortgage market clearing: a comment
Thom, Rodney (Economic & Social StudiesDublin, 1990)In a recent contribution to this Review Browne (1988) considers the problem of estimating mortgage demand and supply functions in situations where the speed of interest rate adjustment is insufficient to eliminate excess ... -
Interest and non-interest terms in the process of mortgage market clearing: a rejoinder
Thom, Rodney; Browne, F. X. (Economic & Social StudiesDublin, 1990)In his reply to my comment Browne claims that the failure of variations in the downpayment ratio to shift market demand "is no more than a mere hypothesis which does not ,..., possess much apriori appeal." The bases of my ... -
The influence of sterling on Irish interest rates
Thom, Rodney (Economic & Social StudiesDublin, 1995)The influence of the Sterling real exchange rate on the Irish-German interest rate differential is assessed over the period 1987 to 1992. The estimation allows for structural change by permitting time variation in the ...