Eastern Caribbean Currency Union: Selected Issues

International Monetary Fund

No 2005/305, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

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 (search for similar items in EconPapers)
Pages: 157
Date: 2005-08-26
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Citations: View citations in EconPapers (3)

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