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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| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2004.
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| Serier: | IMF Staff Country Reports; Country Report ;
No. 2004/335 |
| Online adgang: | Full text available on IMF |
| Summary: | 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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| Emne beskrivelse: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Fysisk beskrivelse: | 1 online resource (160 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Adgang: | Electronic access restricted to authorized BRAC University faculty, staff and students |