Browsing The Economic and Social Review, Vol. 28, No. 4, October, 1997 by Subject "Sterling"
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Dangers for Ireland of an EMU without the UK: some calibration results
(Economic & Social Studies, Dublin, 1997)This paper presents a small-open-economy model calibrated to Irish data. The model can be used for many purposes. It is applied here to the EMU debate. It comes close to replicating the employment effects of sterling ...