STERLING MOVEMENTS AND IRISH POUND INTEREST-RATES

Authors
HONOHAN P CONROY C
Citation
P. Honohan et C. Conroy, STERLING MOVEMENTS AND IRISH POUND INTEREST-RATES, Economic and social review, 25(3), 1994, pp. 201-220
Citations number
24
Categorie Soggetti
Sociology,Economics
Journal title
Economic and social review → ACNP
ISSN journal
00129984
Volume
25
Issue
3
Year of publication
1994
Pages
201 - 220
Database
ISI
SICI code
0012-9984(1994)25:3<201:SMAIPI>2.0.ZU;2-O
Abstract
Despite convergence of inflation to below the system's average, Irelan d experienced volatile short-term interest rates in the EMS. Much of t he volatility comes from periods of Sterling weakness being associated with higher Irish interest rates, presumably reflecting realignment e xpectations.