000 00899nam a2200133Ia 4500
080 _a11.02.01 M742cr(2007)
100 _aCraigwell, Roland
245 _aExchange rate regimes and monetary autonomy : empirical evidence from selected Caribbean countries
260 _b[Caribbean Centre for Money and Finance]
_a[St. Augustine]TT
_c2007
300 _a27 p.
520 _aUses 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.
583 _c11/19/08
_kJOYD
942 _cM
_mM742cr(2007)
999 _c33446
_d33446