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(University College Dublin. School of Economics, 1993-07-19)This paper examines the experience of The Gambia following the liberalization of its exchange rate and financial markets in the mid-1980's. It is shown that although nominal interest rates are high, and the real interest ...
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(Blackwell, 1994-05)We explicitly model the vertical spillovers that result from imperfections in both labour and product markets. We model the vertical spillovers from wage determination in an upstream labour market to market share performance ...
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(Elsevier Science, 2005-03)In a model with rigid nominal wages, full information and competitive product markets, I show that when an effort augmented production function is incorporated into an analysis of supply and demand shocks, the outcomes are ...
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(University College Dublin. School of Business. Centre for Financial Markets, 2004)The deregulation of electricity industries has generally separated the provision of generation from its subsequent transmission. However, the physical nature of electricity generation and delivery creates special problems ...
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(University College Dublin. School of Business. Centre for Financial Markets, 2009)This paper investigates the degree of both foreign exchange rate and interest rate exposure of industry level portfolios in the G7. Our paper draws on the efficient market hypothesis and examines the extent of unexpected ...
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(University College Dublin. School of Business. Centre for Financial Markets, 2004-04-30)The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond to fluctuating conditions. Many restructured electricity markets, however, have little demand response. ...
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(Routledge, 1999-04)A view has developed among some retailing researchers that financial markets have, from time to time, unduly favoured the retail sector in the UK. It is argued that this has been exploited, to some extent, by retailing ...
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(University College Dublin. School of Economics, 2000-11)Wallers (1989) model which incorporates an effort augmented production function into a traditional Keynesian analysis of supply and demand shocks is generalised by not restricting the elasticity of substitution between ...
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(University College Dublin. School Of Economics, 2005-12-08)This paper analyses strategic market allocation by two auctioneers holding substitutes. It characterizes both the cooperative and competitive outcomes. Under cooperation or competition with close substitutes, bidders are ...
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(Elsevier, 2000)The excess returns earned by takeover targets raises questions of efficiency in the market for corporate control. Brown and Raymond and Samuelson and Rosenthal explain the target share pricing process as a function of ...