Eastern Caribbean Currency Union: Selected Issues
Volume/Issue:
Volume 2005
Issue 305
Publication date: August 2005
ISBN: 9781451811681
$20.00
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Topics covered in this book
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Business and Economics , Social Science , Exports and Imports , Economics- Macroeconomics , Public Finance , Taxation - General , Emigration and Immigration , ISCR , CR , ECCU country , emigration loss , government , ECCU economy , ECCU government , member government , Migration , Exchange rate arrangements , Fiscal stance , Natural disasters , Caribbean , North America
Summary
This Selected Issues paper analyzes macroeconomic fluctuations in the Eastern Caribbean Currency Union (ECCU). The paper describes data, along with the estimation technique used to ensure stationarity of the data. The empirical regularities of macroeconomic fluctuations in the ECCU are described, examining the relationship between a set of macroeconomic time series and domestic output, for each of the six IMF members of the ECCU. The paper also explores the determinants of macroeconomic volatility in the ECCU.
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