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Eastern Caribbean Currency Union: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 305
Language:
English
Publication Date:
26 Aug 2005
DOI:
https://doi.org/10.5089/9781451811681.002
ISBN:
9781451811681
ISSN:
1934-7685
Pages:
157
Keywords:
ISCR; CR; ECCU country; emigration loss; government; ECCU economy; ECCU government; member government; Migration; Exchange rate arrangements; Fiscal stance; Natural disasters; Caribbean; North America
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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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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund