Recent Submissions

  • Testing and estimation in unstable dynamic models: A case study 

    Harrison, M. J.; Bond, D. (Economic & Social Research Institute, Dublin, 1992)
    This paper discusses testing for parameter instability and estimation of time-varying parameters in the context of the Engle-Granger (1987) procedure. It reviews several developments in testing, in particular the new test ...
  • Can we infer external effects from a study of the Irish indirect tax system? 

    Madden, David (Economic & Social Research Institute, Dublin, 1992)
    This paper estimates implied external effects for the Irish indirect tax system for the year 1987. The study uses the inverse optimum technique of Christiansen and Jansen (1978) which estimates implied external effects, ...
  • Tariff policy towards a monopolist in the presence of persuasive advertising 

    Leahy, Dermot (Economic & Social Research Institute, Dublin, 1992)
    This paper considers the positive and normative aspects of tariffs and advertising taxes in a situation in which a foreign monopolist chooses advertising as well as output. On the positive side it is shown that under certain ...
  • Economics and policy: beyond science and ideology 

    O'Donnell, Rory (Economic & Social Research Institute, Dublin, 1992)
    The dominant conception of the relationship between economists and policy makers is one which sees economists as scientists, whose knowledge is, ideally, derived independently of the interests which motivate politicians, ...
  • The interaction between theory and observation in economics 

    Pesaran, M. Hashem; Smith, Ron (Economic & Social Research Institute, Dublin, 1992)
    In economics both theories and observations tend to be very heterogeneous. This paper discusses the methodological difficulties that are involved in relating theories and observations and the characteristics of each that ...

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