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pro vyhledávání: '"Darrin Downes"'
Autor:
Tarron Khemraj, Darrin Downes
Publikováno v:
Review of Political Economy. 31:159-177
This paper tests competing ideas accounting for the foreign exchange (FX) losses in Barbados in recent years. The conventional monetary and absorption approaches have motivated the explanation and policy proposals to date. However, this paper illustr
Autor:
Winston Moore, Darrin Downes
Publikováno v:
Applied Economics. 39:1955-1960
Estimates of the output gap are useful for identifying the sustainable level of noninflationary output growth in countries with a flexible exchange rate regime. For nations with a fixed exchange rate, however, domestic prices are inexorably linked to
Publikováno v:
SSRN Electronic Journal.
Since the establishment of the Central Bank of Barbados in May 1972, the focus has been on acquiring a deep understanding of the domestic economic challenges and the broader issues surrounding sustainable development in small states. While most of th
Publikováno v:
International Economic Journal. 20:227-240
In countries without an explicit inflation targeting mechanism, a stable relationship between the monetary base and the money supply allows policymakers to implement changes in monetary policy with a reasonable degree of certainty about the impact on
Autor:
Trevor Campbell, Darrin Downes
Publikováno v:
International Advances in Economic Research. 7:459-470
This paper initially refers to some of the classifications of services used by various authors, followed by the components that comprise nontourism services in Barbados and their linkages to the other sectors of the Barbados economy. Using regression
Publikováno v:
International Advances in Economic Research. 7:253-258
This study investigates the direction of causality between the money supply and reserve money for some selected Caribbean countries using recently developed techniques of causality tests. The findings suggest that neither money endogeneity nor money