Browsing Economics by Issue Date
Now showing items 41-60 of 192
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A GARCH Model of Inflation and Inflation Uncertainty with Simultaneous Feedback
(National University of Ireland, Galway, 2000)We examine the relationship between inflation and inflation uncertainty using a GARCH model that allows for simultaneous feedback between the conditional mean and variance of inflation. We also derive a number of theoretical ... -
Does the Exchange Rate Regime Affect Export Volumes? Evidence from Bilateral Exports in the US-UK trade: 1900-1998
(National University of Ireland, Galway, 2000)By utilizing the techniques of multivariate cointegration and error correction models, we investigate the impact of the different exchange-rate regimes that spanned the 20th century on the bilateral exports between the UK ... -
On the Axiomatic Ranking of Opportunity Sets in a Logical framework
(National University of Ireland, Galway, 2000)The paper presents an axiomatic analysis of opportunity ranking within a logical framework. It establishes that any opportunity or freedom ranking is completely determined by a subjacent logical chain that is interpreted ... -
Do Ordering Effects Matter in Willingness-to-pay Studies of Health Care?
(National University of Ireland, Galway, 2000)Willingness-to-pay studies are increasingly being used in the evaluation of health care programmes. There are, however, methodological issues that need to be resolved before the potential of willingness-to-pay can be fully ... -
On the Axiomatic Approach to Freedom as Opportunity: A General Characterization Result
(National University of Ireland, Galway, 2000)The aim of this paper is to provide a different, somewhat more general, approach to the axiomatic ranking of opportunity sets in terms of freedom of choice. The opportunity ranking is defined axiomatically relative to some ... -
Inflation, Inflation Uncertainty, and a Common European Monetary Policy
(National University of Ireland, Galway, 2001)The relationship between inflation and inflation uncertainty is investigated in six European Union countries for the period 1960 to 1999. EGARCH models are used to generate a measure of inflation uncertainty and then Granger ... -
Tax, transition, and the State: the Case of Russia
(National University of Ireland, Galway, 2001)The article sets out to assess the problems of taxation in Russia in the context of the Russian state, its relationship with the enterprise sector and the transition from plan to market. In this paper, we argue that Russia -
Inflation, Inflation Uncertainty, and a Common European Monetary Policy
(National University of Ireland, Galway, 2001)The relationship between inflation and inflation uncertainty is investigated in six European Union countries for the period 1960 to 1999. EGARCH models are used to generate a measure of inflation uncertainty and then Granger ... -
Inflation and Output Growth Uncertainty and their Relationship with Inflation and Output Growth
(National University of Ireland, Galway, 2001)Using a bivariate GARCH model of inflation and output growth we find evidence that higher inflation and more inflation uncertainty lead to lower output growth in the Japanese economy. These results support the argument of ... -
An analysis of the Rural Environmental Protection Scheme
(National University of Ireland, Galway, 2002)The Rural Environment Protection Scheme (REPS) was introduced under Council Regulation 2078/92 in order to encourage farmers to carry out their activities in a more extensive and environmentally friendly manner. This paper ... -
The Generation Game: All Gain No Pain? Ageing, Intergenerational Equity and Generational Accounts
(National University of Ireland, Galway, 2002)This paper tries to quantify the degree of intergenerational redistribution in Irish public expenditure. The development of a large public debt in the space of two decades, its rapid elimination and potential rise again ... -
On the Sustainability of Current Account Deficits: Evidence from Four ASEAN Countries
(National University of Ireland, Galway, 2002)This paper examines the sustainability of the current account imbalance for four ASEAN countries (Indonesia, Malaysia, the Philippines and Thailand) over the 1961-1999 period. To this end, we utilize the intertemporal ... -
Redistribution over the Lifetime in the Irish Tax-Benefit System: An Application of a Prototype Dynamic Microsimulation Model for Ireland
(National University of Ireland, Galway, 2002)This paper examines the distribution of lifetime income in Ireland. To do this a new prototype dynamic microsimulation model for Ireland is used to generate lifetime income streams. Aggregating over the lifetime we can ... -
The Nice Treaty and the Irish Referendum: What Values are at Stake?
(National University of Ireland, Galway, 2002)The purpose of this paper is primarily to highlight the issue of values in the European Union (EU) in terms of its practices as opposed to official rhetoric. The debate surrounding the Treaty of Nice, the context in which ... -
Nonmonotonic Reasoning and the Foundations of Rational Choice
(National University of Ireland, Galway, 2002)The paper applies a technique developed in artificial intelligence to frame and analyze on the foundational level A. Sen's critique of internal consistency conditions in various choice situations. -
Are Economic Growth and the Variability of the Business Cycle Related? Evidence from Five European Countries
(National University of Ireland, Galway, 2002)We use a long series of annual data that span over 100 years to examine the relationship between output growth and output growth uncertainty in five European countries. Using the GARCH methodology to proxy output growth ... -
Redistributive Forces of the Irish Tax-Benefit System
(National University of Ireland, Galway, 2003)This paper charts the main changes in structure of the Irish system of tax and social benefits over the period 1955-2002. It analyses the evolution of the redistributive forces in the system over the period and considers ... -
A Socio-Economic Study of Kelang Village in Yunnan Province in relation to Uptake by Farmers of Improved Management Practices on Red Soils in China
(National University of Ireland, Galway, 2003)This paper reports on the socio-economic outcome of a study of innovative, integrated, agricultural management practices in a catchment near Kelang village in Yunnan Province in south-west China. The focus of these practices, ... -
Measuring the Employment Effects of the Rural Renewal Tax Scheme
(National University of Ireland, Galway, 2003)This paper presents evidence on the effectiveness of the Rural Renewal Tax Scheme introduced by the Irish Government in 1998. The rationale for the scheme puts the emphasis on new economic activity and economic growth in ... -
On Growth and Saving
(National University of Ireland, Galway, 2003)This paper is concerned with the relevance of the macroeconomic theory of income distribution to the ?new? growth theory. Specifically, it shows that the Cambridge equation, originally outlined in the context of the ...