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Current Search:
'Economics' in all fields;
1252 items found
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Displaying Results 101 - 125 of 1252 on page 5 of 51
Marked
Mark
On demand and supply side policies in an open economy, 1960-2000
(1991)
Norton, Desmond
On demand and supply side policies in an open economy, 1960-2000
(1991)
Norton, Desmond
http://hdl.handle.net/10197/1388
Marked
Mark
The economics of alcohol taxation
(1982)
Walsh, Brendan M.
The economics of alcohol taxation
(1982)
Walsh, Brendan M.
http://hdl.handle.net/10197/1395
Marked
Mark
Real and monetary aspects of the 'Dutch disease'
(1982)
Neary, J. Peter
Real and monetary aspects of the 'Dutch disease'
(1982)
Neary, J. Peter
Abstract:
This paper presents a theoretical analysis of some of the issues raised by the "Dutch Disease": the phenomenon whereby a boom in one traded goods sector squeezes profitability in other traded goods sectors.
http://hdl.handle.net/10197/1398
Marked
Mark
Demand management with rationing
(1983)
Moore, Michael J.
Demand management with rationing
(1983)
Moore, Michael J.
Abstract:
This paper examines the impact of monetary and fiscal policies in both the Barro-Grossman model and a neo-Keynesian model which incorporates a bond market. It is shown that there is a unique demand management policy for every temporary equilibrium state which obviates the need to resort to 'supply-side' or wage-price policies. It emerges that these policies can containg counter intuitive elelments.
http://hdl.handle.net/10197/1402
Marked
Mark
Adam Smith's labour command measure of value
(1984)
O'Donnell, Rory
Adam Smith's labour command measure of value
(1984)
O'Donnell, Rory
http://hdl.handle.net/10197/1410
Marked
Mark
Intertemporal disequilibrium in an open economy
(1984)
Moore, Michael J.; Neary, J. Peter
Intertemporal disequilibrium in an open economy
(1984)
Moore, Michael J.; Neary, J. Peter
http://hdl.handle.net/10197/1412
Marked
Mark
The demand for alcohol in Ireland
(1984)
Thom, Rodney
The demand for alcohol in Ireland
(1984)
Thom, Rodney
http://hdl.handle.net/10197/1413
Marked
Mark
Demand elasticities for energy imports : a flexible functional form approach
(1984)
Reilly, Barry
Demand elasticities for energy imports : a flexible functional form approach
(1984)
Reilly, Barry
http://hdl.handle.net/10197/1415
Marked
Mark
Two essays on international trade and adjustment
(1984)
Neary, J. Peter
Two essays on international trade and adjustment
(1984)
Neary, J. Peter
http://hdl.handle.net/10197/1418
Marked
Mark
Immigration and the real wage : time series evidence from the United States, 1820-1977
(1985)
Geary, Patrick T.; Ó Gráda, Cormac
Immigration and the real wage : time series evidence from the United States, 1820-1977
(1985)
Geary, Patrick T.; Ó Gráda, Cormac
Abstract:
How migration affects economic welfare in sending and receiving countries is an important issue. This paper deals mainly with one aspect, the relation between immigration and the real wage in the host country. Theory is ambivalent on the outcome, While it is plausible to see immigration depressing the real wage consequent on increased labour supply, consideration of scale economies and migrant selection bias argue for a rise, at least in the medium term. The hypothesis that immigration affects the real wage implies that the former 'precedes' or 'leads' the latter. This can be expressed in terms of the Granger-causal ordering of the series. We present bivariate and trivariate evidence on the ordering for U.S. immigration 1820-1977, and find that Granger-causality runs mainly from immigration to real wages, not the reverse. Similar analysis of the relationship between immigration and GNP produced weak and inconclusive results. Investigation of the direction and mag...
http://hdl.handle.net/10197/1424
Marked
Mark
Labour supply and commodity demands : an application to Irish data
(1986)
Murphy, Anthony; Thom, Rodney
Labour supply and commodity demands : an application to Irish data
(1986)
Murphy, Anthony; Thom, Rodney
Abstract:
Annual Irish data are used to estimate a model which allows for the joint determination of commodity demands and labour supply. Consumer preferences are modelled by a cost function of the Gorman polar form which permits exact linear aggregation over individuals with different money wage rates. Separability between goods and leisure is rejected by the data. Labour supply is found to be a positive function of the wage rate.
http://hdl.handle.net/10197/1430
Marked
Mark
Intertemporal labour supply and commodity demands
(1987)
Murphy, Anthony; Thom, Rodney
Intertemporal labour supply and commodity demands
(1987)
Murphy, Anthony; Thom, Rodney
http://hdl.handle.net/10197/1432
Marked
Mark
Determinants of the equilibrium real exchange rate
(1987)
Neary, J. Peter
Determinants of the equilibrium real exchange rate
(1987)
Neary, J. Peter
Abstract:
This note presents a compact derivation of the determinants of changes in the equilibrium real exchange rate (the inverse of the price index of nontraded goods relative to traded goods), in a small open economy with any number of goods and factors. It is shown that the change in the real exchange rate equals a simple weighted sum of the differences between marginal propensities to consume and to produce individual nontraded goods. Implications of the result are noted for a variety of applied questions, including the effects of foreign aid, the "Dutch disease" and purchasing power parity comparisions between countries.
http://hdl.handle.net/10197/1434
Marked
Mark
Welfare effects of tariffs and investment taxes
(1988)
Neary, J. Peter
Welfare effects of tariffs and investment taxes
(1988)
Neary, J. Peter
Abstract:
This paper derives first- and second-best levels of optimal tariffs and taxes on internationally mobile capital in a general model of an open economy. When world prices are fixed (so that non-intervention is optimal), iso-welfare contours in tax-tariff space are shown to be ellipses centred around the origin which are tilted upwards if and only if importables are relatively capital-intensive. Under plausible assumptions, the same is true in the large open economy case, except that the contours are now ellipses centred around the non-zero first-best intervention point.
http://hdl.handle.net/10197/1448
Marked
Mark
Wage sensitivity rankings and temporal convergence
(1988)
Jones, Ronald W.; Neary, J. Peter
Wage sensitivity rankings and temporal convergence
(1988)
Jones, Ronald W.; Neary, J. Peter
Abstract:
This paper examines the two-sector general equilibrium model under a variety of labor-market distortions, including minimum wages and factor price differentials (both absolute and proportional). We introduce a new concept - the "wage sensitivity" ranking between sectors - and show that a necessary and sufficient condition for temporal convergence locally is that the physically labor-intensive sector be the wage-sensitive sector.
http://hdl.handle.net/10197/1449
Marked
Mark
Export subsidies and national welfare
(1988)
Neary, J. Peter
Export subsidies and national welfare
(1988)
Neary, J. Peter
http://hdl.handle.net/10197/1455
Marked
Mark
Trade liberalization and shadow prices in the presence of tariffs and quotas
(1989)
Neary, J. Peter
Trade liberalization and shadow prices in the presence of tariffs and quotas
(1989)
Neary, J. Peter
Abstract:
This paper examines the welfare effects of partial trade liberalization when trade is restricted by tariffs, quotas or some combination of both instruments. Rules for optimal first- and second-best intervention are derived and illustrated (using a new geometric technique) in both small and large open economies. A general expression for shadow prices of factors of production, which applies in both small and large economies, with or without quotas, is also derived. Welfare paradoxes are possible whenever exogenous changes raise (lower) imports of goods subject to trade restrictions which are below (above) optimal levels.
http://hdl.handle.net/10197/1461
Marked
Mark
Sustaining free trade in repeated games without government commitment
(1990)
Devereux, Michael B.
Sustaining free trade in repeated games without government commitment
(1990)
Devereux, Michael B.
Abstract:
The paper examines how free trade can be sustained in a repeated tariff game in a simple two-country general equilibrium model. In the standard model, free trade can be sustained by "punishment strategies" with only a mild degree of forward looking behaviour on the part of governments. However, when there are short term factor market rigidities, and governments cannot precommit to an ex-ante optimal tariff, it may be much more difficult to sustain free trade. This is illustrated in two models.
http://hdl.handle.net/10197/1475
Marked
Mark
Government consumption and private investment in closed and open economies
(1992)
Barry, Frank
Government consumption and private investment in closed and open economies
(1992)
Barry, Frank
http://hdl.handle.net/10197/1570
Marked
Mark
Conservation Research and Policy with Non-Trivial Transaction Costs and Incomplete Contracting
(2008)
Steele, Scott R.
Conservation Research and Policy with Non-Trivial Transaction Costs and Incomplete Contracting
(2008)
Steele, Scott R.
Abstract:
Achieving conservation in the agricultural sector is difficult. The primary complicating factor is the large number of public-good environmental services that can potentially be provided by large numbers of individuals working the land under diverse economic and ecological circumstances. The complexity of the problem implies that additional consideration be given to transaction cost economics and the theory of incomplete contracting. The implications of incomplete contracting and transaction costs theory on the development, implementation, and evaluation of conservation policies are considered. Organizational analysis of the agricultural conservation problem yields three propositions and suggests unique research priorities.
http://hdl.handle.net/10379/327
Marked
Mark
The Welfare Implications of Growth Regressions
(2005)
O'Neill, Donal
The Welfare Implications of Growth Regressions
(2005)
O'Neill, Donal
Abstract:
Regressions relating the growth rate in income to initial income have been the soruce of much recent debate in growth economics. recent reserch has empasised the importance of allowing for non-linearities in these models when explaining the evolution of income over time. In this paper we argue these extended growth regressions are also useful in facilitating welfae comparisions across income distributions, in a way that is not possible using alternative measures of convergence. To do this we exploit the similarities between the income convergence literature and work on tax progressivity in the public finance literature. We illustrate our approch using both regional dta across the United States, Japan and Europe and conutrwide comparisions.
http://eprints.nuim.ie/218/
Marked
Mark
Intertemporal Market Risk and Cross-section of Greek Average Returns
(2005)
Panopoulou, Dr. Ekaterini; Koubouros, Michail
Intertemporal Market Risk and Cross-section of Greek Average Returns
(2005)
Panopoulou, Dr. Ekaterini; Koubouros, Michail
Abstract:
This paper examines wheather tohe overall market risk along with risks reflecting uncertainty related to the long run dynamic of market cash flows (dividends) and discount rates (returns) price average returns on single-sorted portfolios of the Greek stock market. Following Campbell and Vuolteenaho (American Economic Review, 2004) we check wheather these two types of risk provide an empricalimprovement over the static CAPM and if cash-flow risk is more important than discount-rate risk, as a rationalI-CAPM risk story would perdict. Our results suggest that the two-beta intertemporal model performs at least as well as the Fama-French (Jourlan of Financial Economics, 1993) threefactor model since it explains half of the cross-sectional variation in average returns and delivers an economically and statistically acceptable estimate of the coefficient of relatiave risk averation. More inportantly, dispite the relative importance of market discount-rate risk, it is market dividend-grow...
http://eprints.nuim.ie/273/
Marked
Mark
International Market Risk and Cross-section of Greek Average Returns
(2006)
Panopoulou, Dr. Ekaterini; Koubouros, Michail
International Market Risk and Cross-section of Greek Average Returns
(2006)
Panopoulou, Dr. Ekaterini; Koubouros, Michail
Abstract:
This paper examines wheather the overall market risk along with risks reflecting uncertanty related to the long run dynamic of market cash flows (dividends)and discount rates (returns) price average returns on single-sorted portfolios of the Greek stock market. Following Campbell and Vuolteenaho (American Economic Review,2004) we check wheather these two tpyes of risk provide an empricical improvement over the static CAPM and if cash -flow risk is more inportant than discount-rate risk, as a rationall-CAPM risk story would perdict. Our results suggest that the two-beta intertemporal model performs at least as well as the Fama-French (Journal of Financial Economics, 1993) three factor model since it explains half of the cross-sectional variation in average returns and delivers an economically and statistically acceptable estimate of the coefficient of relative risk averation. More importantly, dispite the relative importance of market discount-rate risk, it is market dividend-gro...
http://eprints.nuim.ie/287/
Marked
Mark
A Leage of Their Own: Landmark Supreme Court Judgement Clears Irish league Credit Unions of Abuse of Dominance
(2008)
Massey, Patrick
A Leage of Their Own: Landmark Supreme Court Judgement Clears Irish league Credit Unions of Abuse of Dominance
(2008)
Massey, Patrick
Abstract:
In a unanimous judgment handed down on 8th May 2007, the Irish Supreme Court upheld an appeal by the Irish League of Credit Unions (ILCU) against a High Court judgment that ILCU had abused a dominant position. The Irish Competition Authority had alleged that ILCU had abused its dominant position in the market for savings protection services (SPS) by limiting access to SPS services to its own members. The Authority claimed that credit unions wishing to obtain SPS services were required to also purchase credit union representation services from ILCU and that such tying amounted to an abuse of dominance by ILCU. This was the first abuse of dominance case brought by the Irish Competition Authority to go to a full hearing, the first to be appealed to the Supreme Court and the first Irish case under EC Regulation 1/2003. The case raised a number of interesting economic issues, which are of interest in the context of the debate on the need for a more economics based approach to Article 82....
http://eprints.nuim.ie/877/
Marked
Mark
Current-account targeting and the equilibrium approach to fiscal policy
(1992)
Barry, Frank
Current-account targeting and the equilibrium approach to fiscal policy
(1992)
Barry, Frank
Abstract:
Internal and external balance are the twins goals of traditional Keynesian macroeconomic policy. New classical economists question whether either of these are related to welfare, since employment fluctuations may be Pareto-efficient, while the current-account balance is perceived as the outcome of saving and investment decisions by intertemporally-optimising agents. The present paper shows, however, that the current-account effects and welfare effects of various types of fiscal policy are directly related within the New Classical model, so that the response of the current account can be used to elicit information about the optimality or otherwise of government spending. The equilibrium approach therefore provides a microfoundation for "external balance" as an intermediate target for fiscal spending.
http://hdl.handle.net/10197/1679
Displaying Results 101 - 125 of 1252 on page 5 of 51
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