RSS 1.0The Economic and Social Review, Vol. 22, No. 1, October, 1990
Recent Submissions
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Speculative rational expectations' exchange rate dynamics with risk averse wealth owners and a monetary authority averse to exchange rate variability
(Economic & Social Studies, Dublin, 1990)In the analysis to follow an important aspect of speculative exchange rate movements is examined in isolation from macroeconomic feedback effects. The over-riding objective here is to investigate the effect of adherence ... -
Exchange rates, capital, output and debt when nominal interest rates are policy parameters
(Economic & Social Studies, Dublin, 1990)Recent years have witnessed a growing number of attempts to reduce inflation by a policy of raising nominal interest rates. Since 1988, such measures have been particularly pronounced in Australia, Canada and the United ... -
Further evidence of forward exchange market efficiency: an application of cointegration using German and UK data
(Economic & Social Studies, Dublin, 1990)The purpose of this paper is to explore the hypothesis that the Irish forward exchange market is efficient. The simple market efficiency hypothesis assumes investors are risk neutral and that agents are rational, i.e., ... -
Employment schemes in Ireland: an evaluation
(Economic & Social Studies, Dublin, 1990)The primary aim of this paper is to evaluate the effect which the following employment schemes (ES) had on the overall outflow rate and age-byduration outflow rates from unemployment in Ireland 1980(1)-1989(4): (a) Work ... -
The information in term structure interest rate spreads: the Irish case
(Economic & Social Studies, Dublin, 1990)The study of the term structure of interest rates looks at how the yields on bonds vary with time to maturity. Yield curves can be upward sloping, humped or downward sloping and their shape is often taken to be an indication ... -
Industrial development policy in Northern Ireland: an evaluation of the IDB
(Economic & Social Studies, Dublin, 1990)A number of studies have highlighted the depth of the economic and social problems which have persisted in Northern Ireland for many years (NIEC, 1989; Kennedy, Giblin and McHugh, 1988; Rowthorn and Wayne, 1988). Since, ...
