Now showing items 116-135 of 178

  • On Growth and Saving 

    O'Connell, Joan (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 ...
  • On the Axiomatic Approach to Freedom as Opportunity: A General Characterization Result 

    Gekker, Ruvin (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 ...
  • On the Axiomatic Ranking of Opportunity Sets in a Logical framework 

    Gekker, Ruvin (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 ...
  • On the Sustainability of Current Account Deficits: Evidence from Four ASEAN Countries 

    Fountas, Stilianos (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 ...
  • On Uncertainty Aversion under Complete Ignorance: Some Further Observations on the Impossibility Results 

    Gekker, Ruvin (National University of Ireland, Galway, 2005)
    The paper claims that the Monotone Consistency condition utilized by Baigent in his proof of the impossibility theorem is too strong. We factorize this condition into two different weaker conditions and show that they are ...
  • Optimal Design of an Immigration Points System 

    McHale, John; Rogers, Keith (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 ...
  • Performance, Position and Competition between Places 

    Garvey, Eoghan; Keane, Michael J.; Cullinan, John (National University of Ireland, Galway, 2008)
    The paper uses a finite mixture modelling approach to investigate the likely determinants of relative economic performance of Irish towns. The particular success factors that we focus on are measures of connectivity, ...
  • Personal versus societal preferences in contingent valuation assessments 

    Howley, Peter; Hynes, Stephen; O'Donoghue, Cathal (National University of Ireland, Galway, 2010-12)
    Contingent valuation has been used extensively in estimating the value of environmental goods. One criticism of this approach, however, is that respondents in referendum-style contingent valuation surveys may express ...
  • Postponing Maternity in Ireland 

    O'Donoghue, Cathal; O'Shea, Eamon (National University of Ireland, Galway, 2004)
    As in many other developed countries, Ireland in recent decades has experienced a postponement of maternity. In this paper we consider the main trends in this phenomenon, considering changes in first and later births ...
  • Preferences and Multiple Use Forest Management 

    Van Rensburg, Thomas M. (National University of Ireland, Galway, 2004)
    This paper offers evidence relevant to the debate regarding the use of stated willingnessto- pay as a guide to public preferences about environmental management, and the possibility that individuals have distinct preferences ...
  • A Primer on the Tools and Concepts of Comutable Economics.? 

    Velupillai, K. Vela. (National University of Ireland, Galway, 2004)
    Computability theory came into being as a result of Hilbert s attempts to meet Brouwer s challenges, from an intuitionistc and constructive standpoint, to formalism as a foundation for mathematical practice. Viewed this ...
  • Production of Commodities by Means of Commodities in a Mathematical Mode 

    Velupillai, K. Vela (National University of Ireland, Galway, 2006)
    The claim in this paper is that Sraffa employed a rigorous logic of mathematical reasoning in his book, Production of Commodities by Means of Commodities (PCC), in such a mode that all existence proofs were constructive. ...
  • Production, information and property regimes : efficiency implications in the case of economies of scope 

    Steele, Scott R. (National University of Ireland, Galway, 1998-04)
    A conceptual model and numerical example are used to show that private property regimes are not necessarily preferable to common property regimes on efficiency grounds when: (1) agents are risk averse; (2) exogenous ...
  • Proximity by Numbers 

    Duddy, Conal; Piggins, Ashley (National University of Ireland, Galway, 2009-11)
    Imagine that everyone in a group chooses a real number and then these numbers are combined to produce a group number. Suppose that when everyone moves strictly closer to some individual¿s number, the group number either ...
  • Quantifying the Effects of Decoupling on Agriculture in Ireland s NUTS 3 Regions 

    Garvey, Eoghan; McInerney, Niall; Cuddy, Michael P. (National University of Ireland, Galway, 2004)
    In this paper we adapt the CAPRI model to facilitate an analysis of CAP reform on agriculture in Ireland's NUTS 3 regions. We make assumptions about how the Luxembourg Agreement will be implemented in the Member States ...
  • Quantifying the effects of the inclusion and segregation of Contracts for Difference in Australian equity markets 

    Corbet, Shaen; Twomey, Cian (2013)
    This study examines the effects that Contracts for Difference (CFDs) have had on theAustralian equity market, either as an accelerant for mispricing, or as a source of increased marketfunctionality through the addition of ...
  • Quantifying the effects of the inclusion and segregation of Contracts for Difference in Australian equity markets 

    Twomey, C. and Corbet, S. (Econjournals.com, 2014)
    This study examines the effects that Contracts for Difference (CFDs) have had on theAustralian equity market, either as an accelerant for mispricing, or as a source of increased marketfunctionality through the addition of ...
  • Quantitative Risk Estimation in the Credit Default Swap Market using Exteme Value Theory 

    Moloney, Kitty; Raghavendra, Srinivas (National University of Ireland, Galway, 2010)
    This paper is motivated by empirical evidence illustrating the non-Gaussian nature of financial returns, (Jondeau et al 2007) and analyses extreme value theory, (EVT) as a proposed improvement (Embrechts et al., 2005) for ...
  • Re-reading Jevons's Principles of Science-Induction Redux 

    Velupillai, K. Vela (National University of Ireland, Galway, 2007)
    In this paper I try to substantiate the thesis that Jevons may have been too harsh on the vices of induction and generously optimistic about the virtues of deduction, as discussed, primarily, in his magnum opus, The ...
  • Ready to go? EU Enlargement and migration potential: lessons for the Czech Republic in the context of Irish migration experience 

    O' Donoghue, Cathal; Strielkowski, Wadim (National University of Ireland, Galway, 2005)
    EU enlargement is hardly can be seen as the major push factor for migration. There are mainly economic factors that influence the migration decisions. Besides it seems that there is a migration potential, unique for every ...