Macroeconomic Fluctuations in the Caribbean.

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, explaining more than half of macroeconomic fluctuations in the region. Domestic business...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Sosa, Sebastian
Other Authors: Cashin, Paul
Format: Electronic eBook
Language:English
Published: Washington : International Monetary Fund, 2009
Series:IMF Working Papers.
Subjects:
Local Note:ProQuest Ebook Central