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Macroeconomic Fluctuations in the Caribbean
			: The Role of Climatic and External Shocks

Macroeconomic Fluctuations in the Caribbean : The Role of Climatic and External Shocks »

Volume/Issue: 2009/159

Series: IMF Working Papers

Author(s): Sebastian Sosa , and Paul Cashin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2009

DOI: http://dx.doi.org/10.5089/9781451873061.001

ISBN: 9781451873061

Keywords: Business cycle, VAR, block exogeneity, Eastern Caribbean, gdp growth, real gdp, Multiple or Simultaneous Equation Models: Time-Series Models, Open Economy Macroeconomics,

This paper develops country-specific VAR models with block exogeneity restrictions to analyze how exogenous factors affect business cycles in the Eastern Caribbean. It finds that external shocks play a key role, ex...

Macroeconomic Fluctuations in the Caribbean

Macroeconomic Fluctuations in the Caribbean »

Source: Macroeconomic Fluctuations in the Caribbean : The Role of Climatic and External Shocks

Volume/Issue: 2009/159

Series: IMF Working Papers

Author(s): Sebastian Sosa , and Paul Cashin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2009

ISBN: 9781451873061

Keywords: Business cycle, VAR, block exogeneity, Eastern Caribbean, gdp growth, real gdp, Multiple or Simultaneous Equation Models: Time-Series Models, Open Economy Macroeconomics,

This paper develops country-specific VAR models with block exogeneity restrictions to analyze how exogenous factors affect business cycles in the Eastern Caribbean. It finds that external shocks play a key role, ex...