This paper investigates the business cycle properties of remittances to four Caribbean countries – Barbados, Dominica, Jamaica and Trinidad and Tobago. To extract the cyclical components, the study uses the structural time series framework proposed by Harvey (1989). Variance decompositions and...

This study examines the trade flows in commodities for CARICOM countries through the utilization of the traditional gravity model for international trade. Per capita GDP differential, trade to GDP and language all impact trade positively. On the other hand, geographical distance, exchange rate...