We describe the design, construction, estimation and testing of the Irish HERMIN model. The specific selection of model features from the general HERMIN outline is related to the structure of the Irish economy. The standard ...
Irish experience during a recent period of severe fiscal adjustment attracted international attention and was claimed to demonstrate an expansionary fiscal contraction. Using a small structural model which fits the stylized ...
The problems and challenges addressed in the Commission's White Paper on "Growth, Competitiveness, Employment" affects the peripheral member states acutely, and in a way that differs considerably from how the richer, more ...
This paper attempts to account for the rise in Irish unemployment between 1970 and 1987. To this end a fully articulated medium-term model of the economy is employed, in contrast to the four equation model of the labour ...
This book focuses on the stabilization and growth problems of Ireland, an archetypal peripheral member of the EC. In part I, a supply-side neo-Keynesian macro-econometric model is developed, which captures the stylised ...
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