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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Online Access: Full Text (via ProQuest)
Main Author: Sosa, Sebastian
Other Authors: Cashin, Paul
Format: eBook
Language:English
Published: Washington : International Monetary Fund, 2009.
Series:IMF working paper (Online)

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