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In this article, three issues relating to leading composite indicators (LCI) are discussed: their importance, methods of estimation and uses by institutions worldwide. This discussion is utilised to provide lessons that could be learnt for the application of these indicators to the countries of...
Persistent link: https://www.econbiz.de/10009294938
In recent times, a number of studies have focused on describing and modelling the business cycles of developing countries. However, to date very few of the small economies of the Caribbean have been the subject of this type of empirical application. In this regard, the current paper's...
Persistent link: https://www.econbiz.de/10008566176
In the Caribbean Basin countries as in many other parts of the world, unemployment has become since the early 1980s one of the major dimensions of economic dysfunctions affecting societies. With levels that are above 15% and often reaching values of up to 20% or 30% during the decades 1980, 1990...
Persistent link: https://www.econbiz.de/10010902761
After gaining political independence from the European countries and the United States, the Caribbean Basin economies have at the end of the 2000s display considerable differences in income and living standards. In this paper the concepts of convergence are used to examine whether disparities in...
Persistent link: https://www.econbiz.de/10009294928
This paper has two main objectives. Firstly, to establish and characterise a reference cycle (based on real output) for Barbados over the quarterly period 1974-2003 using the Bry and Boschan algorithm. Secondly, to link this aggregate output cycle to the cycles of the individual sectors that...
Persistent link: https://www.econbiz.de/10009294939
In the Caribbean Basin, as in many other parts of the world, unemployment, with rates between 15 and 30 percent, has become one of the major problems affecting these societies. This article highlights the specific characteristics of Caribbean unemployment, contrasting them with those observed in...
Persistent link: https://www.econbiz.de/10009294956
We intend to explore the question of the Barbadian economic cycle from a two-fold perspective. Firstly, we shall attempt to define this cycle, and to create a referential cycle for the Barbadian economy. We shall then move on to a certain number of empirical applications in order to clearly...
Persistent link: https://www.econbiz.de/10008926818
In the case of the French overseas departments (DOM), particularly of Guadeloupe, which are at the dawn of the experiment reaching reforms of economic policies, development of a simulation tool such as a macroeconomic CGE appears naturally as a highly desirable requirement. This recourse to the...
Persistent link: https://www.econbiz.de/10010902827
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