This paper studies the introduction of an exchange rate between Ireland and the UK in 1979 to shed light on the effects of a common currency on the composition of international trade. No evidence is found from time series ...
This paper uses the introduction of an exchange rate between Ireland and the UK in 1979 as a natural experiment to shed light on the effects of a common currency on the volume of international trade. No evidence is found ...
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 ...
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 ...
This paper empirically analyses risk in the euro relative to other currencies.
Comparisons are made between a subperiod encompassing the final transitional
stage to full monetary union with a subperiod prior to this. ...
Cotter, John(University College Dublin. School of Business. Centre for Financial Markets, 2004)
This paper empirically analyses risk in the Euro relative to other currencies.
Comparisons are made between a sub period encompassing the final transitional stage
to full monetary union with a sub period prior to this. ...
This paper analyzes the role of tax policy in the transformation of the Irish economy
from the 1980s to the 1990s. Details are provided of the marked underperformance
of the economy in the 1980s, evidenced by rising ...
Whelan, Karl(University College Dublin. School of Economics, 2012-11)
The Eurosystem’s TARGET2 payments system has featured heavily in academic and
popular discussions in recent years. Much of this commentary had described the system as being responsible for a “secret bailout” of Europe’s ...
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 ...
Barry, Frank(University College Dublin. School of Economics, 2001-03)
For a given degree of wage stickiness, there is an inverse relationship between the price-level and employment effects of a nominal shock. Various contributors to the literature on optimal currency areas have extrapolated ...