The Eastern Caribbean Currency Union : Would a Fiscal Insurance Mechanism Mitigate National Income Shocks? /

This paper studies the nature of the shocks affecting the Eastern Caribbean Currency Union (ECCU), and examines whether a hypothetical Eastern Caribbean fiscal insurance mechanism could insure member countries of the union against asymmetric national income shocks. The empirical results suggest that...

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Dettagli Bibliografici
Autore principale: Cashin, Paul
Altri autori: Lemus, Antonio
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/017
Accesso online:Full text available on IMF