Author: Irish Business and Employers Confederation
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages :
Book Description
EMU and the Irish Economy
Author: Irish Business and Employers Confederation
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages :
Book Description
EMU and the Irish Economy
Economic Implications for Ireland of EMU
Author: Terry Baker
Publisher:
ISBN: 9780707001647
Category : Europe
Languages : en
Pages : 362
Book Description
Publisher:
ISBN: 9780707001647
Category : Europe
Languages : en
Pages : 362
Book Description
Global Integration, Factor Mobility and EMU
Author: Dermot McAleese
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 22
Book Description
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 22
Book Description
Managing an Economy Under EMU
Author: John D. FitzGerald
Publisher:
ISBN:
Category : Ireland
Languages : en
Pages : 26
Book Description
Publisher:
ISBN:
Category : Ireland
Languages : en
Pages : 26
Book Description
Regional Economic and Policy Imapcts of EMU
Author: John Bradley
Publisher:
ISBN:
Category : Monetary unions
Languages : en
Pages : 452
Book Description
Publisher:
ISBN:
Category : Monetary unions
Languages : en
Pages : 452
Book Description
The Economic and Financial Situation in Ireland
Author: European Commission. Directorate-General for Economic and Financial Affairs
Publisher: Commission of the European Communities
ISBN:
Category : Business & Economics
Languages : en
Pages : 166
Book Description
Publisher: Commission of the European Communities
ISBN:
Category : Business & Economics
Languages : en
Pages : 166
Book Description
Ireland in Emu
Author: Patrick Honohan
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Despite anchoring the Irish monetary system to a common zone-wide exchange rate and interest rate, EMU has triggered sizable exchange rate and especially interest rate shocks to the Irish economy (albeit not appreciably greater than those experienced under previous exchange rate regimes). Interest rate movements have deviated widely from what a standard Taylor monetary policy rule would have counseled - though here again the deviations have been no worse in this regard than those of the previous regime. The most important shock has been associated with the large and sustained initial fall in nominal interest rates as EMU began. Through mechanisms which we formally model, the interest rate fall has had a lasting effect on property prices, construction activity and on the capacity of the labour market to absorb sizable net immigration, despite a sharp deterioration in wage competitiveness since 2002. As the long drawn-out impact of this shock subsides, the failure of the wage-bargaining system promptly to claw back the loss of competitiveness resulting from exogenous exchange rate movements is increasingly likely to show up in weaker aggregate employment performance.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Despite anchoring the Irish monetary system to a common zone-wide exchange rate and interest rate, EMU has triggered sizable exchange rate and especially interest rate shocks to the Irish economy (albeit not appreciably greater than those experienced under previous exchange rate regimes). Interest rate movements have deviated widely from what a standard Taylor monetary policy rule would have counseled - though here again the deviations have been no worse in this regard than those of the previous regime. The most important shock has been associated with the large and sustained initial fall in nominal interest rates as EMU began. Through mechanisms which we formally model, the interest rate fall has had a lasting effect on property prices, construction activity and on the capacity of the labour market to absorb sizable net immigration, despite a sharp deterioration in wage competitiveness since 2002. As the long drawn-out impact of this shock subsides, the failure of the wage-bargaining system promptly to claw back the loss of competitiveness resulting from exogenous exchange rate movements is increasingly likely to show up in weaker aggregate employment performance.
The Economic and Financial Situation in Ireland in the Transition to EMU.
Author: European Commission. Directorate-General for Economic and Financial Affairs
Publisher:
ISBN:
Category : Ireland
Languages : en
Pages : 150
Book Description
Publisher:
ISBN:
Category : Ireland
Languages : en
Pages : 150
Book Description
EMU : Ireland's Dream Start
Author: Brendan Lynch
Publisher:
ISBN: 9781874109891
Category : Monetary policy
Languages : en
Pages : 114
Book Description
Publisher:
ISBN: 9781874109891
Category : Monetary policy
Languages : en
Pages : 114
Book Description