Browsing Economic and Social Review by Subject "Quantitative economics"
Now showing items 1-8 of 8
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Approximating the distribution of the R/s statistic
(Economic & Social Studies, Dublin, 2000)The R/s statistic, used for many years in hydrology, is increasingly employed in economics, although deficiencies in knowledge about its exact distribution have inhibited progress. Harrison and Treacy (1997) described some ... -
Direct measures of time preference
(Economic & Social Studies, Dublin, 2003)This work constitutes an attempt to estimate time preference factors in a direct way from survey data, without relying on consumption data and on particular estimation techniques. By using microeconomic data obtained from ... -
Generalised means of simple utility functions with risk aversion
(Economic & Social Studies, Dublin, 2008)The paper examines the properties of a generalised mean of simple utilities each displaying risk aversion, that is, with first derivative positive and second derivative negative. It shows the mean is itself a valid utility ... -
How useful is core inflation for forecasting headline inflation?
(Economic & Social Studies, Dublin, 2007)The paper constructs various core inflation measures. These include various trimmed means using disaggregated data and a structural VAR estimate of core inflation for Ireland. The ability of these core inflation measures ... -
Inflation and money growth: evidence from a multi-country data-set
(Economic & Social Studies, Dublin, 2004)Using a multi-country data set strong correlation are found between average growth rates of monetary aggregates and average inflation. The correlation remains strong when countries with higher average inflation rates are ... -
Market definition and market power in competition analysis: some practical issues
(Economic & Social Studies, Dublin, 2000)Market definition plays a key role in competition analysis and has often proved controversial. However, it is merely a means to an end, the real issue being to establish whether or not firms have significant market power, ... -
The economic consequences of the Doha Round for Ireland
(Economic & Social Studies, Dublin, 2006)This paper provides a quantitative study of the economic effects of a stylised simulation of trade liberalisation for Ireland using the GTAP model. The experiment incorporates the liberalisation of agricultural, manufacturing ... -
The generalised extreme value distribution as utility function
(Economic & Social Studies, Dublin, 2007)The idea that probability distribution functions could provide appropriate mathematical forms for utility functions representing risk aversion is of respectable antiquity. But the relatively few examples that have appeared ...