Suriname: Selected Issues

International Monetary Fund

No 2013/341, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper focuses on constructing a high-frequency economic growth indicator for Suriname. Most economic data for Suriname are available only with a substantial time lag and on a low-frequency basis, impeding such analyses. This paper presents a simple econometric model that closely approximates GDP in recent years. The model estimates are used to construct a monthly indicator of economic activity for Suriname. The indicator provides information about the pace of economic activity close to real time, typically with a one- to two-month lag.

Keywords: ISCR; CR; wage; minimum wage; employment; sustainability gap; employment-output elasticity analysis; employment protection; wage bargaining; participation rate; public sector wage bill; Gold; Gold prices; Non-renewable resources; Labor markets; Credit; Global; Caribbean; gold price scenario; B. gold market development; labor market indicator; price forecast (search for similar items in EconPapers)
Pages: 46
Date: 2013-12-04
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Citations: View citations in EconPapers (1)

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