Eastern Caribbean Currency Union : Selected Issues.

This Selected Issues paper on the Eastern Caribbean Currency Union (ECCU) underlies key features of business cycles. To obtain new measures of classical and growth cycles, simple rules were applied to date turning points in the classical business cycle, and a recently developed frequency domain filt...

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Bibliografiset tiedot
Yhteisötekijä: International Monetary Fund
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2004.
Sarja:IMF Staff Country Reports; Country Report ; No. 2004/335
Linkit:Full text available on IMF
Kuvaus
Yhteenveto:This Selected Issues paper on the Eastern Caribbean Currency Union (ECCU) underlies key features of business cycles. To obtain new measures of classical and growth cycles, simple rules were applied to date turning points in the classical business cycle, and a recently developed frequency domain filter was used to estimate the growth cycle. At the regional level, the ECCU countries are facing two shocks, id est, the depreciation of the U.S. dollar and the depreciation of the Dominican Republic's peso. The countries of the ECCU have experienced modest erosion in their price and nonprice competitiveness.
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Ulkoasu:1 online resource (160 pages)
Aineistotyyppi:Mode of access: Internet
ISSN:1934-7685
Pääsy:Electronic access restricted to authorized BRAC University faculty, staff and students