Two islands – two monies : the effect of breaking the Sterling link on Anglo-Irish trade

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dc.contributor.author Walsh, Brendan M.
dc.date.accessioned 2011-07-25T13:53:01Z
dc.date.available 2011-07-25T13:53:01Z
dc.date.issued 2000
dc.identifier.uri http://hdl.handle.net/10197/3041
dc.description.abstract This paper studies the effect on Anglo-Irish trade of breaking the link between the Irish pound and sterling in 1979. A gravity model is used to explore this issue. No evidence is found of a structural break following the dismantling of the currency union. Nor did the resultant exchange rate volatility have a significant adverse effect on trade. These results do not support the belief that currency unions result in increased trade flows, either directly or by reducing exchange rate volatility. en
dc.description.sponsorship Not applicable en
dc.format.extent 2168819 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.publisher University College Dublin. School of Economics en
dc.relation.ispartofseries UCD Centre for Economic Research Working Paper Series en
dc.relation.ispartofseries WP00/06 en
dc.subject Anglo-irish trade en
dc.subject Monetary policies en
dc.subject Currency en
dc.subject Trade flows en
dc.subject Gravity model en
dc.subject Volatility en
dc.subject Exchange rate en
dc.subject Ireland en
dc.subject Sterling en
dc.subject.classification F33 en
dc.subject.lcsh Monetary policy--Ireland en
dc.subject.lcsh Foreign exchange rates--Econometric models--Ireland en
dc.subject.lcsh Ireland--Commerce--Great Britain en
dc.subject.lcsh Great Britain--Commerce--Ireland en
dc.title Two islands – two monies : the effect of breaking the Sterling link on Anglo-Irish trade en
dc.type Working Paper en
dc.internal.availability Full text available en
dc.status Not peer reviewed en
dc.neeo.contributor Walsh|Brendan M.|aut|UCD0036 en


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