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Macroeconomic fluctuations in the Caribbean : the role of climatic and external shocks

By:

Sosa, Sebastián

Material type: Text

TextPublication details: IMF [Washington]US 2009Description: 27 pAction note:

8/17/09 JOYD

Summary: Develops country-specific VAR models with block exogeneity restrictions to analyze how exogenous factors affect business cycles in the Eastern Caribbean. Finds that external shocks play a key role, explaining more than half of macroeconomic fluctuations in the region.

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Develops country-specific VAR models with block exogeneity restrictions to analyze how exogenous factors affect business cycles in the Eastern Caribbean. Finds that external shocks play a key role, explaining more than half of macroeconomic fluctuations in the region.

8/17/09 JOYD

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