UID:
edoccha_9958076529102883
Format:
1 online resource (160 pages)
ISBN:
1-4552-5415-0
,
1-4527-6675-4
,
1-280-98098-2
,
9786613752598
,
1-4527-8820-0
Series Statement:
IMF Staff Country Reports
Content:
This Selected Issues paper on the Eastern Caribbean Currency Union (ECCU) underlies key features of business cycles. To obtain new measures of classical and growth cycles, simple rules were applied to date turning points in the classical business cycle, and a recently developed frequency domain filter was used to estimate the growth cycle. At the regional level, the ECCU countries are facing two shocks, i.e., the depreciation of the U.S. dollar and the depreciation of the Dominican Republic’s peso. The countries of the ECCU have experienced modest erosion in their price and nonprice competitiveness.
Note:
Bibliographic Level Mode of Issuance: Monograph
,
English
Additional Edition:
ISBN 1-4518-1166-7
Language:
English
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