00899nam a2200133Ia 4500 11.02.01 M742cr(2007) Craigwell, Roland Exchange rate regimes and monetary autonomy : empirical evidence from selected Caribbean countries [Caribbean Centre for Money and Finance] [St. Augustine]TT 2007 27 p. Uses the error correcting methodology to investigate how pegged and non-pegged exchange rate regimes in a set of Caribbean countries affect the closeness of the relationship between changes in a base country rate and the local rate. Supports the open economy macroeconomic policy trilemma proposition that only two of the following goals - stability in the exchange rate, national independence in monetary policy and free capital mobility - can be achieved simultaneously. 11/19/08 JOYD M M742cr(2007) 33446 33446 0 0 0 0 CRCM CRCM 2023-05-08 0 11.02.01 M742cr(2007) 0000000027460 2023-05-08 00:00:00 2023-05-08 M