Browsing The Economic and Social Review, Vol. 29, No. 4, October, 1998 by Title
Now showing items 3-6 of 6
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Pricing to market, exchange rate changes and the transmission of inflation
(Economic & Social Studies, Dublin, 1998)This paper examines the short-run pass through of exchange rate changes to consumer prices in Ireland. Reflecting the importance of exchange rate expectations, we develop a model of inflation where the deviation of the UK ... -
Testing a model parameter when another is unidentified under the null
(Economic & Social Studies, Dublin, 1998)Some standard test procedures, such as Score and Likelihood Ratio, replace nuisance parameters by their maximum likelihood estimates under the null hypothesis about the parameter of interest. In some models, however, a ... -
Testing distributional models for the Irish equity market
(Economic & Social Studies, Dublin, 1998)This study outlines distributional properties and tests the applicability of different models for the ISEQ index and its major constituents. A Stability under Additions procedure is applied to raw, filtered and rescaled ... -
The industry response to macroeconomic shocks in the UK, Germany and France and the convergence debate
(Economic & Social Studies, Dublin, 1998)In this paper, we investigate the response of stock returns at an industry level to macroeconomic shocks for the UK, Germany and France. The betas between the stock returns and the macroeconomic factors provide a metric ...