Browsing by Author "Hurley, Margaret"

Now showing items 1-4 of 4

    • Determinants of money demand in Ireland 1971 to 1988: rounding-up the usual suspects 

      Hurley, Margaret; Guiomard, Cathal (Economic & Social StudiesDublin, 1989)
      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, ...

    • Money demand in Ireland 1972-1989: a dynamic equation 

      Hurley, Margaret; Guiomard, Cathal (Economic & Social StudiesDublin, 1990)
      The relationship between the demand for real money and its principal determinants is the vital link by which the actions of the monetary authorities affect the real economy. The estimation of money demand functions that ...

    • The information in term structure interest rate spreads: the Irish case 

      Hurley, Margaret (Economic & Social StudiesDublin, 1990)
      The study of the term structure of interest rates looks at how the yields on bonds vary with time to maturity. Yield curves can be upward sloping, humped or downward sloping and their shape is often taken to be an indication ...

    • The optimum level of reserves in an exchange rate target zone 

      Hurley, Margaret; McCormack, Pat; O'Brien, Stuart (Economic & Social StudiesDublin, 1993)
      The target zone exchange rate literature, initiated by Krugman (1991), has relevance for the question of what is the optimal level of reserves. In particular, Krugman and Rotemberg (1990) show that there is a well defmed ...