Browsing by Subject "Interest Rates"
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Note on real and monetary effects of an exogenous change in interest rates
(Economic & Social StudiesDUBLIN, 1974)The interesting article by D. Rodney Thom (Economic and Social Review, January 1974) seems to contain a misleading assertion which makes his statistical results difficult to interpret. Thom's main thesis is that, in the ... -
Real and monetary effects of an exogenous change in interest rates - rejoinder
(Economic & Social StudiesDUBLIN, 1974)Honohan seems to be treating my model as being both analytically and operationally equivalent to the standard Mundell open economy model. This I believe to be a misconception.