This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Fiscal Policy and International Competitiveness: Evidence from Ireland Author info | Abstract | Publisher info | Download info | Related research | Statistics Galstyan, Vahagn (Trinity College Dublin)
Lane, Philip R. (Trinity College Dublin)
Additional information is available for the following
registered author(s):
Our goal in this paper is to investigate the relation between government spending and the long-run behaviour of the Irish real exchange rate. We postulate that an increase in government consumption should be associated with real appreciation, while the impact of government investment is ambiguous. Empirically, we find that an increase in government consumption indeed appreciates the real exchange rate while an increase in government investment is associated with real depreciation. Accordingly, the level and composition of government spending matters for Irish external competitiveness.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Article provided by Economic and Social Studies in its journal Economic and Social Review .
Volume (Year): 40 (2009)
Issue (Month): 3 ()
Pages: 299–315
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:eso:journl:v:40:y:2009:i:3:p:299-315Contact details of provider: Web page: http://www.esr.ie
For technical questions regarding this item, or to correct its listing, contact: (Karl Whelan).
Keywords: Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Lane, Philip R. & Milesi-Ferretti, Gian Maria, 2002.
"External wealth, the trade balance, and the real exchange rate ,"
European Economic Review ,
Elsevier, vol. 46(6), pages 1049-1071, June.
[Downloadable!] (restricted)
Other versions:
Lane, Philip R. & Milesi-Ferretti, Gian Maria, 2002.
"External Wealth, the Trade Balance and the Real Exchange Rate ,"
CEPR Discussion Papers
3153, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Philip R. Lane & Gian Maria Milesi-Ferretti, 2001.
"External Wealth, the Trade Balance, and the Real Exchange Rate ,"
CEG Working Papers
200113, Trinity College Dublin, Department of Economics.
[Downloadable!] Lane, Philip R. & Gian Maria Milesi-Ferretti, 2002.
"External Wealth, the Trade Balance, and the Real Exchange Rate ,"
Royal Economic Society Annual Conference 2002
119, Royal Economic Society.
[Downloadable!] Philip R. Lane & Gian Maria Milesi-Ferretti, 2001.
"External Wealth, the Trade Balance, and the Real Exchange Rate ,"
Trinity Economics Papers
200121, Trinity College Dublin, Department of Economics.
[Downloadable!] Gian Maria Milesi-Ferretti & Philip R. Lane, 2002.
"External Wealth, the Trade Balance, and the Real Exchange Rate ,"
IMF Working Papers
02/51, International Monetary Fund.
[Downloadable!] Ph.R. Lane & G.M. Milesi-Ferretti, 2003.
"External Wealth, the Trade Balance, and the Real Exchange Rate ,"
DNB Staff Reports (discontinued)
80, Netherlands Central Bank.
[Downloadable!] Vahagn Galstyan, 2007.
"Country Size and the Transfer Effect ,"
The Institute for International Integration Studies Discussion Paper Series
iiisdp204, IIIS.
[Downloadable!]
Sarma Jayanthi & Tamim Bayoumi & Jaewoo Lee, 2005.
"New Rates from New Weights ,"
IMF Working Papers
05/99, International Monetary Fund.
[Downloadable!]
Other versions:
Bayoumi, Tamim & Jayanthi, Sarma & Lee, Jaewoo, 2006.
"New Rates from New Weights ,"
CEPR Discussion Papers
5860, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Tamim Bayoumi & Jaewoo Lee & Sarma Jayanthi, 2006.
"New Rates from New Weights ,"
IMF Staff Papers ,
Palgrave Macmillan Journals, vol. 53(2), pages 4.
[Downloadable!] (restricted) Philip R. Lane & Gian Maria Milesi-Ferretti, 2004.
"The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates ,"
The Review of Economics and Statistics ,
MIT Press, vol. 86(4), pages 841-857, 02.
[Downloadable!] (restricted)
Other versions:
Philip R. Lane & Gian Maria Milesi-Ferretti, 2000.
"The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates ,"
Working Papers
062000, Hong Kong Institute for Monetary Research.
[Downloadable!] Lane, Philip R. & Milesi-Ferretti, Gian Maria, 2000.
"The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates ,"
CEPR Discussion Papers
2511, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Gian Maria Milesi-Ferretti & Philip R. Lane, 2000.
"The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates ,"
IMF Working Papers
00/123, International Monetary Fund.
Agustín S. Bénétrix and Philip R. Lane, 2009.
"The Impact of Fiscal Shocks on the Irish Economy ,"
The Institute for International Integration Studies Discussion Paper Series
iiisdp281, IIIS.
[Downloadable!]
M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001.
"Bounds testing approaches to the analysis of level relationships ,"
Journal of Applied Econometrics ,
John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
[Downloadable!]
Jaewoo Lee & Gian Maria Milesi-Ferretti & Luca Antonio Ricci, 2008.
"Real Exchange Rates and Fundamentals: A Cross-Country Perspective ,"
IMF Working Papers
08/13, International Monetary Fund.
[Downloadable!]
Bergstrand, Jeffrey H, 1991.
"Structural Determinants of Real Exchange Rates and National Price Levels: Some Empirical Evidence ,"
American Economic Review ,
American Economic Association, vol. 81(1), pages 325-34, March.
[Downloadable!] (restricted)
Wynne, Mark A., 1996.
"Balanced budget multipliers ,"
Journal of Macroeconomics ,
Elsevier, vol. 18(2), pages 197-211.
[Downloadable!] (restricted)
Kenneth A. Froot & Kenneth Rogoff, 1991.
"The EMS, the EMU, and the Transition to a Common Currency ,"
NBER Working Papers
3684, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Bela Balassa, 1964.
"The Purchasing-Power Parity Doctrine: A Reappraisal ,"
Journal of Political Economy ,
University of Chicago Press, vol. 72, pages 584.
[Downloadable!] (restricted)
Lane, Philip R & Milesi-Ferretti, Gian Maria, 2002.
"Long-Run Determinants of the Irish Real Exchange Rate ,"
Applied Economics ,
Taylor and Francis Journals, vol. 34(5), pages 549-53, March.
[Downloadable!] (restricted)
van Ark, Bart, 1998.
"Productivity ,"
Journal of the Japanese and International Economies ,
Elsevier, vol. 12(2), pages 171-174, June.
[Downloadable!] (restricted)
Ekaterini Panopoulou & Nikitas Pittis, 2004.
"A comparison of autoregressive distributed lag and dynamic OLS cointegration estimators in the case of a serially correlated cointegration error ,"
Econometrics Journal ,
Royal Economic Society, vol. 7(2), pages 585-617, December.
[Downloadable!] (restricted)
Vahagn Galstyan & Philip R. Lane, 2009.
"The Composition of Government Spending and the Real Exchange Rate ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 41(6), pages 1233-1249, 09.
[Downloadable!] (restricted)
Other versions: Marcel P. Timmer & Mary O’Mahony & Bart van Ark, 2007.
"EU KLEMS Growth and Productivity Accounts: An Overview ,"
International Productivity Monitor ,
Centre for the Study of Living Standards, vol. 14, pages 71-85, Spring.
[Downloadable!]
Lane, Philip R. & Perotti, Roberto, 2003.
"The importance of composition of fiscal policy: evidence from different exchange rate regimes ,"
Journal of Public Economics ,
Elsevier, vol. 87(9-10), pages 2253-2279, September.
[Downloadable!] (restricted)
Other versions:
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Lane, Philip R., 2009.
"A New Fiscal Strategy for Ireland ,"
The Economic and Social Review ,
Economic and Social Studies, vol. 40(2), pages 233â253.
[Downloadable!]
Access and
download statistics Did you know? Citation analysis on IDEAS includes online papers that are freely accessible and whose text could be automatically analyzed, currently about 210000 papers.
This page was last updated on 2009-11-30.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .