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Varieties of Mathematics in Economics
(National University of Ireland, Galway, 2007)
Real analysis, founded on the Zermelo-Fraenkel axioms, buttressed by the axiom of choice, is the dominant variety of mathematics utilized in the formalization of economic theory. The accident of history that led to this ...
The Monetary Transmission Mechanism: evidence and implications for European monetary union.
(National University of Ireland, Galway, 1999-06)
We provide some evidence consistent with a heterogeneous credit channel of monetary
policy transmission in the European Union. Using the techniques of cointegration and
Error Correction Models, we have shown that the ...
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 Impact of Health Status on the Duration of Unemployment Spells and the Implications for Studies of the Impact of Unemployment on Health Status
(National University of Ireland, Galway, 1999)
This paper examines the impact of health status on the duration of unemployment spells and finds that individuals with impaired health will have significantly longer unemployment spells. These longer unemployment spells ...
Variations on the Theme of Conning in Mathematical Economics
(National University of Ireland, Galway, 2006)
The mathematization of economics is almost exclusively in terms of the mathematics of real analysis which, in turn, is founded on set theory (and the axiom of choice) and orthodox mathematical logic. In this paper I try ...
Eliciting Individual Preferences for Pension Reform
(National University of Ireland, Galway, 2009-09)
Pension systems have recently been under scrutiny because of the expected population ageing threatening its sustainability. This paper¿s contribution to the debate is from a political economic perspective as it uses data ...
Optimal Design of an Immigration Points System
(National University of Ireland, Galway, 2009-09)
There is growing interest in the United States and elsewhere in the use of a points-based system for selecting immigrants on the basis of their observed human capital. This paper explores the design of an optimal skills-based ...
Estimating Linkages between Redfish and Cold Water Coral on the Norwegian Coast
(National University of Ireland, Galway, 2009-10)
The importance of essential fish habitat in supporting commercial fisheries has received increasing attention in recent years. Bottom trawling is known to cause particularly destructive damage to habitat which is effectively ...
The 2007 Crisis and Countercyclical Policy
(National University of Ireland, Galway, 2009-11)
The purpose of the paper is to outline the global financial and economic crisis that began in 2007, together with the macroeconomic policy changes that were put in place as a result. Design : The content is partly descriptive ...
Exchange rate pass-through, the terms of trade and the trade balance
(National University of Ireland, Galway, 1999)
We show that if exchange rate pass-through is incomplete, a country's terms of trade may move in the same or contrary direction to the nominal value of its currency. Moreover, when the degree of pass-through is endogenous, ...