Browsing The Economic and Social Review, Vol. 34, No. 2, Summer/Autumn, 2003 by Subject "Exchange rates"
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The exchange rate as an adjustment mechanism: a structural VAR approach to the case of Ireland
(Economic & Social StudiesDublin, 2003)Ireland?s participation in stage three of Economic and Monetary Union precludes exchange rate adjustment in response to asymmetric shocks. A Structural VAR model is used to decompose the effects of asymmetric supply, demand ...