Exchange rate policy when the labour market exhibits hysteresis

被引：0
|
作者：
Barry, F [1 ]
机构：
[1] Univ Coll Dublin, Dublin 2, Ireland
来源：
MANCHESTER SCHOOL | 1998年 / 66卷 / 05期
关键词：
D O I：
10.1111/1467-9957.00123
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The effects of exchange rate changes in a three-sector small open economy are analysed, first under full employment and then under conditions of labour-market hysteresis. The model is used to critique the response of the Irish authorities to the exchange rate crisis of 1992-93 that resulted from the sharp depreciation of sterling relative to the deutschmark and the Irish pound.
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页码：532 / 549
页数：18
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