A driving factor in any open-economy macroeconomics model is the degree of international financial integration.  This suggests that understanding the sources of the recent explosive growth in cross-border asset trade and the impact of the upscaling in gross and net international investment...

The aim of the paper is to see whether individuals' attitudes towards globalisation are consistent with the predictions of Heckscher-Ohlin theory. The theory predicts that the impact of being skilled or unskilled on attitudes towards trade and immigration should depend on a country's skill...

This paper was prepared for an Environmental Protection Agency consultation on Sustainable Development Research priorities, held in Dublin, 12 November 2003. 

In recent decades, foreign assets and liabilities in advanced countries have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt...

This paper examines possible productivity spillovers from foreign-owned firms to indigenous firms in the manufacturing sector in Ireland, using a firm-level panel of all firms in the Irish manufacturing sector over the period 1991-1998. The approach commonly applied in the literature to examine...

This paper discusses some key issues in the application of dynamic general equilibrium analysis to open economy modelling. In the context of the new open economy macroeconomics paradigm, we focus on: (i) the currency denomination of sticky prices; (ii) the role of the current account and net...

This paper employs a panel regression analysis using county-level data to quantify the relative importance of competing forestry and agricultural policy incentives in explaining trends in private afforestation in Ireland. It concludes that an increase in the level of up front payments to...