Economic and Social Review: Recent submissions
Now showing items 521-540 of 920
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Further evidence of forward exchange market efficiency: an application of cointegration using German and UK data
(Economic & Social Studies, Dublin, 1990)The purpose of this paper is to explore the hypothesis that the Irish forward exchange market is efficient. The simple market efficiency hypothesis assumes investors are risk neutral and that agents are rational, i.e., ... -
The implicit costs of trading in a jointly listed Irish equity
(Economic & Social Studies, Dublin, 1994)The paper invokes the concept of an implicit bid-ask spread in the Irish Stock Market and measures the consequent cost to traders as the expected gap between the price of sell and buy orders when these have been executed ... -
Shaping educational debate: a case study and an interpretation
(Economic & Social Studies, Dublin, 1992)The contribution of American economist, A. Dale Tussing, to the penetration of Irish policy paradigms governing the funding of education is presented as a case study of how a cultural stranger can, by a process of cultural ... -
Tariff policy towards a monopolist in the presence of persuasive advertising
(Economic & Social Studies, Dublin, 1992)This paper considers the positive and normative aspects of tariffs and advertising taxes in a situation in which a foreign monopolist chooses advertising as well as output. On the positive side it is shown that under certain ... -
Time consistency, learning by doing and infant-industry protection: The linear case
(Economic & Social Studies, Dublin, 1994)This paper examines the implications for strategic trade policy of diiferent assumptions about precommitment in a dynamic oligopoly game with learning by doing. Assuming that demands are linear, we find that the optimal ... -
Economics and policy: beyond science and ideology
(Economic & Social Studies, Dublin, 1992)The dominant conception of the relationship between economists and policy makers is one which sees economists as scientists, whose knowledge is, ideally, derived independently of the interests which motivate politicians, ... -
"Fiscal adjustment in Ireland in the 1980s": a comment
(Economic & Social Studies, Dublin, 1992)The Irish experience with fiscal adjustment is interesting, not just for a domestic audience but also for an international one. If one confines the comparison to the OECD countries, the Irish experience can be seen as part ... -
Distributional aspects of Ireland's fiscal adjustment
(Economic & Social Studies, Dublin, 1992)Conflicting claims about the distributional impact of Ireland's fiscal adjustment have been made. This paper clarifies the different implicit standards on which these may be based, and uses the limited available data on ... -
An Applied Computable Equilibrium (ACE) model of the CAP cereal policy reforms: the case of Ireland
(Economic & Social Studies, Dublin, 1995)In this paper an Applied Computable Equilibrium (ACE) model is constructed to examine the economic impact of the CAP (Mac Sharry) cereal policy reforms. The model is applied to Irish data. The reforms comprise three elements: ... -
Some empirics of the ISEQ index
(Economic & Social Studies, Dublin, 1994)This paper looks at the empirical distribution of the official index for the Irish Stock Exchange, ISEQ. Evidence is provided that the data are serially dependant, are characterised by long lags in their determination, ... -
Dynamic hedging with the IFOX long gilt futures: new evidence
(Economic & Social Studies, Dublin, 1994)This paper assesses the hedging effectiveness of the IFOX long gilt futures contract. The paper builds on earlier work by Hogan which was hindered by small sample size, thin trading and incomplete specification of the data ... -
The role of sense of control and social support in mediating the impact of psychological distress: a test of the hypothesis of functional substitution
(Economic & Social Studies, Dublin, 1992)The purpose of this paper is to examine the manner in which beliefs relating to sense of control and perceived social support mediate the impact of objective circumstances on psychological distress. In particular it focuses ... -
A co-integration based analysis of Irish purchasing power parity relationships using the Johansen procedure
(Economic & Social Studies, Dublin, 1994)Empirical work has found little evidence for purchasing power parity, specified as a long-run co-integrating relationship between Ireland and trading partners. Using Irish/UK and Irish/German data, we find evidence for ... -
Measuring the contribution of product quality to competitiveness: a note on theory and policy
(Economic & Social Studies, Dublin, 1992)In this note estimates are given for the importance of quality as an explanation of the comparative productivity shortfall of Northern Ireland (NI) firms relative to their West German counterparts and the method of estimation ... -
Artificial regression based mis-specification tests for discrete choice models
(Economic & Social Studies, Dublin, 1994)Lagrange Multiplier (LM) tests for omitted variables, neglected heteroscedasticity and other mis-specifications in general discrete choice models may be simply and conveniently calculated using an artificial regression. ... -
Equity and the UK National Health Service: a review of the evidence
(Economic & Social Studies, Dublin, 1994)In recent years, there has been considerable interest in the distribution of health care and finance in the UK. This paper reviews the accumulating evidence. It discusses the empirical measures of equity used in the various ... -
Target audience penetration by a healthy lifestyle promotion programme: results from the Kilkenny Health Project
(Economic & Social Studies, Dublin, 1995)Between 1985 and 1992 County Kilkenny was the site of an evaluated programme of community intervention which aimed to reduce the population's heart disease burden by promoting the adoption of a healthy lifestyle. This ... -
Adverse selection and moral hazard in government grant giving
(Economic & Social Studies, Dublin, 1994)The purpose of this paper is to relate problems of asymmetric information to government grant giving. The innovation in the paper is to extend the asymmetricity to both principal (donor/government) and agent (recipient) ... -
A new set of consumer demand estimates for Ireland
(Economic & Social Studies, Dublin, 1993)This paper provides a new set of consumer demand estimates for Ireland, incorporating a variety of different consumer demand models. Own-price and expenditure elasticities are presented and tests of the propositions implied ... -
Economic theory and econometric models
(Economic & Social Studies, Dublin, 1989)The constitution of the Econometric Society states as the main objective of the society "the unification of the theoretical-qualitative and the empirical-quantitative approach to economic problems" (Ragnar Frisch, 1933, ...
