dc.contributor.author | Massey, Patrick | |
dc.date.accessioned | 2006-11-05T23:43:35Z | |
dc.date.available | 2006-11-05T23:43:35Z | |
dc.date.issued | 1988 | |
dc.identifier.citation | Massey, Patrick. 'Exchange rate policy in a small open economy: an examination of Irish experience'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XXV, Pt. V,1987/1988, pp1-51 | en |
dc.identifier.issn | 00814776 | |
dc.identifier.other | JEL F31 | |
dc.identifier.other | JEL E31 | |
dc.identifier.other | Y | |
dc.description | Read before the Society, 29 October, 1987 | en |
dc.description.abstract | The paper looks at Irish exchange rate policy since 1979 when the Irish Pound
joined the EMS. The paper argues that a fixed exchange rate link is the optimal
approach for an economy such as Ireland. As the bulk of Irish foreign trade is
with non EMS member countries some questions arise as to the
appropriateness of the target chosen. There have been significant shifts in the
pattern of trade and in the structure of Irish industry since EMS entry. It was
not possible to establish that these were a direct consequence of the
exchange rate policy pursued given the nature of the data available. It appears
that EMS membership may not have been responsible for the drop in the
inflation rate which has frequently been attributed to membership and was a
primary consideration behind the decision to join. Despite its limitations it is
not clear that a superior exchange rate target is available | en |
dc.format.extent | 2323928 bytes | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en | en |
dc.publisher | Statistical and Social Inquiry Society of Ireland | en |
dc.relation.ispartofseries | Journal of the Statistical and Social Inquiry Society of Ireland | en |
dc.relation.ispartofseries | Vol. XXV, Pt. V, 1987/1988 | en |
dc.source | Journal of The Statistical and Social Inquiry Society of Ireland | |
dc.source.uri | http://www.ssisi.ie | |
dc.subject | Exchange rate | en |
dc.subject | Inflation | en |
dc.subject.ddc | 314.15 | |
dc.title | Exchange rate policy in a small open economy: an examination of Irish experience | en |
dc.type | Journal article | en |
dc.status.refereed | Yes | |
dc.identifier.uri | http://hdl.handle.net/2262/2881 | |