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Money, Interest Rates and Prices in Ireland, 1933-2012

Stefan Gerlach (hms.gerlach@gmail.com) and Rebecca Stuart

No 9961, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: In this paper we assemble an annual data set on broad and narrow money, prices, real economic activity and interest rates in Ireland from a variety of sources for the period 1933-2012. We discuss in detail how the data set is constructed and what assumptions we have made in doing so. Furthermore, we perform a VAR analysis to provide some simple empirical evidence on the behaviour of these time series. The results suggest that aggregate supply and inflation shocks play a dominant role in Irish business cycles.

Keywords: Business cycles; Historical statistics; Ireland; Long time series; Var (search for similar items in EconPapers)
JEL-codes: E3 E4 N14 (search for similar items in EconPapers)
Date: 2014-05
New Economics Papers: this item is included in nep-his and nep-mac
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Citations: View citations in EconPapers (8)

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Working Paper: Money, interest rates and prices in Ireland, 1933-2012 (2015) Downloads
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