?Introduction -- A Random Regret Minimization-based discrete choice model -- Empirical application of Random Regret Minimization-models -- Applicability of Random Regret Minimization-models -- Selection of recent developments in RRM-modeling

This paper identifies and describes key features of Caribbean business cycles during the period 1963-2003. In particular, the chronologies in the Caribbean classical cycle (expansions and contractions in the level of output) and growth cycle (periods of above-trend and below-trend rates of...

The existing literature suggests a number of alternative methods to test for the presence of contagion during financial market crises. This paper reviews those methods and shows how they are related in a unified framework. A number of extensions are also suggested that allow for multivariate...