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Thom, Rodney
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Thom, Rodney
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Thom, Rodney
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Now showing 1 - 10 of 16
- PublicationSymposium on exchange rate policy and competitiveness(University College Dublin. School of Economics, 1982-11)
; ; ; The four papers in this symposium were originally presented at the Fifth Annual Economic Policy Conference of the Dublin Economics Workshop held in Killarney on October 15-17 1982 and are published together in this Policy Paper with only minor alterations. Taken together, they illustrate the complexity of the issues which must be faced in devising an exchange-rate policy as well as the diversity of views held by economists on the subject.135 - PublicationThe effect of a common currency on trade : Ireland before and after the Sterling linkThis paper uses the introduction of an exchange rate between Ireland and the UK in 1979 as a natural experiment to shed light on the effects of a common currency on the volume of international trade. No evidence is found from time series or panel regressions that the change of exchange rate regime had a significant effect on the pattern of Irish trade. This finding casts doubt on the belief that the European Economic and Monetary Union will have a major effect on the pattern of trade between participating countries.
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