The Economic and Social Review, Vol. 20, No. 3, April 1989
Recent Submissions
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Efficiency in the forward exchange market - an application of co-integration - reply
(Economic & Social StudiesDublin, 1989)In this issue of the Economic and Social Review, Leddin comments on my recent (1988) paper which examined co-integration as a technique for analysing the efficiency of the forward exchange market. This paper addresses a ... -
Efficiency in the forward exchange market - an application of co-integration - a comment
(Economic & Social StudiesDublin, 1989)In a recent edition of the Review, Lucey (1988) finds evidence of forward exchange market inefficiency using the co-integration technique. His results relate to sterling and the dollar and are based on daily spot and one ... -
Tests for the macroeconomic effects of large-scale migration based on the Irish experience, 1948-87 - a rejoinder
(Economic & Social StudiesDublin, 1989)These two Comments use similar methodologies and the dataset that was employed in my paper to explore the nature of the relationship between migration and economic growth in Ireland. Intensive investigation of this important ... -
Tests for the macroeconomic effects of large-scale migration based on the Irish experience, 1948-87 - a comment
(Economic & Social StudiesDublin, 1989)Walsh (1989) addresses an interesting and extremely pertinent problem: What is the causal relationship between migration, as proxied by the net migration rate (NMR), and economic activity, as proxied by the percentage ... -
Growth, migration and causality - a comment on tests for macroeconomic feedback from large-scale migration based on the Irish experience, 1948-87
(Economic & Social StudiesDublin, 1989)The plan of this paper is as follows. In Section II , a description of the general procedure used by Sims (1972) and Walsh (1989) to test for causality is provided along with some of the problems that may be encountered ... -
Tests for macroeconomic feedback from large-scale migration based on the Irish experience, 1948-87 - a note
(Economic & Social StudiesDublin, 1989)This short paper explores the relationship between the rate of migration and the rate of economic growth. A review of the literature shows that there is no unanimity regarding the net effect of migration on economic growth. ... -
The leisure factor in entrepreneurial success - a lesson from the robber baron era
(Economic & Social StudiesDublin, 1989)Success in capitalist enterprise is often held to be due to hard work and in particular is usually associated with the Protestant work ethic. However, study of three major entrepreneurs, Carnegie, Rockefeller, and Morgan, ... -
The placement of elderly persons - a logit estimation and cost-analysis
(Economic & Social StudiesDublin, 1989)This study focuses on two groups of elderly persons deemed by the relevant health professional to be on the margin of domiciliary care and institutional care, respectively. A logit regression is estimated in order to test ... -
Agency, allocation and distribution - evidence on the motivation of central to local transfers
(Economic & Social StudiesDublin, 1989)This paper examines fiscal relations between central and local government in Ireland for four years between 1960 and 1972. Its main conclusion is that the evidence does not support a simple principal-agent relationship, ... -
Taxation and the choice of employment policy
(Economic & Social StudiesDublin, 1989)The costs of investment- and employment- subsidies as alternative job-creation policies for a small open economy with classical unemployment are compared, and the latter are shown to dominate in terms of the financing ...