Kearney, Colm; Muckley, Cal(University College Dublin. School of Business. Centre for Financial Markets, 2005)
We examine the evidence of an emerging yen block in North and Southeast Asia using up to 27 years of weekly data on 9 bilateral yen exchange rates. The exchange rate returns are modelled in response to variations in their ...
This paper begins with a commentary on the unfolding of the
Asian crisis, and includes summary information on the effect of the crisis on
the rate of economic growth and unemployment in the region. A review of
current ...
Aggarwal, Raj; Muckley, Cal(University College Dublin. School of Business. Centre for Financial Markets, 2010-01)
This study assesses prospective Asian exchange rate regimes and finds short- and longrun
currency dynamics more conducive to the introduction of a common peg based on a
basket of the European euro, the United States ...
Aggarwal, Raj; Muckley, Cal(University College Dublin. School of Business. Centre for Financial Markets, 2007-08)
This study assesses alternative Asian exchange rate regimes and finds short- and long-run currency dynamics more conducive to the possibility of introducing a common peg based on a basket of the European euro, the United ...
Sterling's departure from the exchange rate mechanism (ERM) in September 1992 precipitated a crisis for Irish exchange rate policy that was resolved, for the time being at least, by the decision to devalue at the end of ...
Kearney, Colm; Muckley, Cal(University College Dublin. School of Business. Centre for Financial Markets, 2006-06)
Using daily data for a select set of four Asian exchange rates, namely the Hong Kong dollar, the Singapore dollar, the Taiwan dollar and the Thailand baht, from October 1985 to October 2002, we apply principal
components ...
McCarthy, Colm(University College Dublin. School of Economics, 2012-01)
A popular narrative amongst European policymakers is that Eurozone members facing
problems in the bond market are paying the price for past budgetary excess. Fiscal
consolidation in these countries is seen as the principal ...
Walsh, Brendan M.(University College Dublin. School of Economics, 1993-05-19)
This paper examines the effects of the EMS crisis of September 1992 on the Irish pound. A review of the Irish experience in the exchange rate mechanism is presented, including an assessment of the extend to which the ...