Research Output
1 - 10 of 26
Publication
The revenue implications of tax harmonisation
1988, Thom, Rodney
Report prepared for the European League for Economic Co-operation
Publication
Irish inflation : appropriate policy responses
2000, Thom, Rodney, O'Rourke, Kevin H.
This article argues that the cost increasing, supply side approach cannot adequately explain the current Irish inflation. It suggests that the correct model is one that is based on excess demand fuelled by continuing economic growth and demand-side shocks, including nominal exchange rate depreciation and lax budgetary policy. Evidence is presented to suggest that inflationary pressures have been building up in the economy for longer than is generally appreciated. As for appropriate policy responses, these include nominal wage increases above those agreed under the PPF but exclude tax cuts which, at the time of writing, seem likely to emerge in the December 2000 Budget.
Publication
Labour supply and commodity demands : an application to Irish data
1987-04, Thom, Rodney, Murphy, Anthony
Publication
The impact of the single market on taxation rates and receipts
1990, Thom, Rodney, Ó Gráda, Cormac
Publication
Intertemporal labour supply and commodity demands
1987-03, Murphy, Anthony, Thom, Rodney
Publication
Non-interest credit rationing in the UK mortgage market
1982-10, Nellis, Joseph G., Thom, Rodney
UK data is used to test the hypothesis that non-interest terms adjust to clear the mortgage market when the mortgage rate is sluggish in adjusting to its market equilibrating level. This hypothesis is not supported by the data. An alternative approach is suggested and conjectures that non-interest terms are varied so as to discriminate among borrowers, satisfying some but leaving the market not cleared. Empirical tests offer support for the alternative approach.
Publication
Interest and non-interest terms in the process of mortgage market clearing : a comment
1990, Thom, Rodney