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(University College Dublin. School of Economics, 2000-05)Typically, a small and open economy trades goods at given world prices. Here, we present a model of a very open small economy, where capital and labor are internationally mobile, too. When investing into infrastructure, ...
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(University College Dublin. School of Economics, 1983-09)This paper presents a two-sector model of a small open economy with wage rigidities and capital accumulation. The short- and medium-run effects of government expenditure policies are analysed and the results are contrasted ...
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(University College Dublin. School of Economics, 1998-01)This paper reviews previous research on Irish unemployment. It examines the reasons for the persistence of high unemployment and the relevance of the concept of a time-varying rate of "equilibrium" unemployment in a small ...
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(University College Dublin. School of Economics, 1984-05)
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(Bilkent University. Department of Economics, 2000)
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(Oxford University Press, 1996)
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(University College Dublin. Institute for the Study of Social Change (Geary Institute), 2004)The growing integration of international markets raises the question of how, and to what extent, domestic political processes within states continue to matter. The thesis that markets force a 'race to the bottom' and the ...
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(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 ...
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(University College Dublin. Institute for the Study of Social Change, 2003-11)Ireland's rate of growth and employment creation during the 1990s far outstripped performance in the rest of the OECD. To what degree is this attributable to chance fluctuations in the international economy, the coincidental ...
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(University College Dublin. School of Economics, 1987-04)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 ...