International diversification Irish economy Production risk Risk diversification Open economy Ireland
Issue Date:
2000
Publisher:
Economic & Social Research Institute
Citation:
Lane, Philip R. 'International diversification and the Irish economy'. - Economic & Social Review, Vol. 31, No. 1, January, 2000, pp. 37-53, Dublin: Economic & Social Research Institute
Abstract:
We take an initial step in investigating the international diversification of Irish production risk. We find evidence that Ireland displays some properties associated with international risksharing. These include: high gross stocks of foreign assets and liabilities; high international
consumption correlations relative to output correlations; and pro-cyclical behaviour of the yield on net external liabilities.
Please note: There is a known bug in some browsers that causes an
error when a user tries to view large pdf file within the browser window.
If you receive the message "The file is damaged and could not be
repaired", please try one of the solutions linked below based on the
browser you are using.
Items in TARA are protected by copyright, with all rights reserved, unless otherwise indicated.