Browsing School of Business and Economics by Author "Fountas, Stilianos"

Now showing items 21-29 of 29

    • Real interest-rate parity under regime shifts: evidence for industrial countries. 

      Fountas, Stilianos; Wu, Jyh-Lin (National University of Ireland, Galway, 1998-10)
      We use recently developed cointegration tests that determine endogenously the regime shift to test for bilateral real interest rate convergence (real interest rate parity) in the G7 against the US in the 1974-1995 period. ...

    • The Relationship between Inflation and Inflation Uncertainty in the UK: 1885-1998 

      Fountas, Stilianos (National University of Ireland, Galway, 2000)
      Using a long series of UK inflation data, I have provided strong evidence in favour of the hypothesis that inflationary periods are associated with high inflation uncertainty. This result supports the Friedman-Ball hypothesis ...

    • Some evidence on the export-led growth hypothesis for Ireland 

      Fountas, Stilianos (National University of Ireland, Galway, 1995-12)
      The objective of this paper is to test, for the export-led growth hypothesis in Ireland over the last 40 years using the modern econometric analysis of nonstationary time series. We find that over the 1950-1990 period ...

    • Technology and Intermediation: the Case of Banking 

      Keane, Michael J.; Fountas, Stilianos (National University of Ireland, Galway, 1998-04)
      The aim of this paper is to look at ways in which the contribution of investment in technology to consumer welfare might be measured. One useful approach to this question is demonstrated by means of a simple spatial model ...

    • Testing for monetary policy convergence in european countries 

      Fountas, Stilianos (National University of Ireland, Galway, 1997-12)
      The paper tests for long-run monetary policy convergence and short-run policy interactions in seven ERM countries over the 1979-1992 period using the approach of multivariate cointegration and Granger-causality tests. ...

    • Testing for real interest rate convergence in European countries 

      Fountas, Stilianos (National University of Ireland, Galway, 1998-01)
      We use cointegration tests that determine endogenously the regime shift to test for bilateral short-term and long-term real interest rate convergence in the European Monetary System in the 1979-1993 period. The results ...

    • Testing for the sustainability of the current account deficit in two industrial countries 

      Fountas, Stilianos (National University of Ireland, Galway, 1996-07)
      The objective of this paper is to test for the sustainability of the current account deficits in the U.S. and Canada over the 1973-1994 period. Using various unit root and cointegration tests some of which allow for ...

    • Tests for Interest Rate Convergence 

      Fountas, Stilianos (National University of Ireland, Galway, 1997-05)
      We use a new test for cointegration that allows for structural breaks in the cointegrating relationship to test for bilateral interest rate convergence in the European Monetary System. Contrary to previous studies that ...

    • Twin Deficits, Real Interest Rates and International Capital Mobility 

      Fountas, Stilianos (National University of Ireland, Galway, 2000)
      We argue that the interactions among the current account and budget balances and the real interest rate can provide more information about the effective degree of financial openness of an economy than simple saving-investment ...