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dc.contributor.authorFitzGerald, John D.
dc.contributor.authorBarry, Frank
dc.date.accessioned2012-07-31T14:21:38Z
dc.date.available2012-07-31T14:21:38Z
dc.date.issued1998
dc.identifier.citationFitzGerald, John. 'Comment on "Dangers for Ireland of an EMU without the UK: some calibration results" by Frank Barry'. - Economic & Social Review, Vol. 29, No.1, January, 1998, pp. 99-102. Dublin: Economic & Social Research Institute
dc.identifier.issn0012-9984
dc.identifier.otherJEL E61
dc.identifier.urihttp://hdl.handle.net/2262/64503
dc.description.abstractIn the October 1997 issue of this journal Barry set out a simple model of the Irish economy. The model was designed to quantify the possible effects on Ireland of sterling weakness, where Ireland is a member of the EMU and the UK remains outside. In calibrating this model Barry made extensive use of a range of research on the supply side of the economy undertaken over the past decade in the ESRI. Within his model he examined the possible effects on the economy of EMU membership where wages are slower to adjust to exchange rate shocks in a downward direction than in an upward direction. As he points out in his article, in a period of low inflation this possibility, if realised, would increase the cost of a major fall in sterling.en
dc.language.isoen
dc.publisherEconomic & Social Studies
dc.sourceEconomic & Social Reviewen
dc.subjectEuropean Monetary Unionen
dc.subjectSterlingen
dc.subjectIrelanden
dc.subjectIrish economyen
dc.titleComment on "Dangers for Ireland of an EMU without the UK: some calibration results" by Frank Barry
dc.typeJournal Article
dc.publisher.placeDublinen


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