Cripwell, Peter; Edelman, David(University College Dublin. School of Business. Centre for Financial Markets, 2008-03-04)
The definition of the decline of long term yields in the light of increasing short term yields as a conundrum by Chairman Greenspan in February 2005 has generated a significant amount of research. This paper presents a ...
Using data from the period 1970-1991, Romer and Romer (2000) showed that Federal Reserve forecasts of inflation and output were superior to those provided by commercial forecasters. In this paper, we show that this superior ...
This paper analyzes the stability over time of the econometric process for Euro-area inflation since 1970, focusing in particular on the behaviour of the so-called persistence parameter (the sum of the coefficients on the ...
Barry, Frank(University College Dublin. School of Economics, 1992-06)
This paper argues that the Australian government made three errors when implementing the liberalisation and stabilisation programmes of the 1980's. International capital movements were liberalised at too high an Australian ...