Recent papers by Kulatilaka (1987, 1985) Squires (1987) and Hertel (1987), using the seminal exposition of Brown and Christensen (1981), which in turn is heavily derivative of the work of Lau (1976, 1978), have emphasised ...

John Fell has produced a stimulating paper which uses V A R methodology to address the issue of causal relationships between employment and output at both aggregate and disaggregated levels. Given the techniques employed, ...

I wish to make a number of points regarding the content of the paper on the wage gap presented by Walsh, Walsh and Woelger. Let me first of all state that I found the explanation given in the paper to be a very simple and ...

In this paper Frank Barry examines the issue of the appropriateness of capital versus labour subsidies in the Irish economy, in the context of three different models, namely a neo-classical small-open-economy model, a ...

Unless some form of stable relationship between money demand and economic activity exists, there is no possibility of the monetary authorities being able to affect economic activity by changing the money supply. This fact, ...

The Irish tax system is characterised by a narrow base with high rates. This is true of both the direct and indirect system. This paper examines the possibilities for indirect tax reform in Ireland. A model of the economy ...

In the US and Canada a federal system of government is used, i.e., there exist a number of tiers of government with different functions assigned to each level. Government intervention in these countries, as in many other ...