This paper investigates banking system instability vis-à-vis the day-to-day interbank market and monetary policy effectiveness in the Dominican Republic. The analysis reveals a negative relationship among excess banking system reserves and the interbank interest rate, and shows that in crisis...

The paper investigates Okun’s Law for the Dominican Republic during the second part of the twentieth century and the first decade of the twenty first. The econometric modelling estimates an Okun coefficient implying that, on average, for every 1 percent growth in real output the unemployment...

The paper estimates the link between aggregate income and carbon dioxide emissions for the Dominican Republic. The econometric analysis finds evidence of an environmental Kuznets curve revealing that the level of annual real per capita income at which carbon dioxide emissions start to stabilise...