Price dynamics in the Eastern Caribbean /
The Eastern Caribbean Currency Union (ECCU) countries share a common currency, the EC dollar, which has been pegged to the U.S. dollar at the same rate for more than three decades. This paper examines the influence of the peg on ECCU price stability, and analyzes whether absolute Purchasing Power Pa...
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| Corporate Author: | |
| Other Authors: | , |
| Format: | Book |
| Language: | English |
| Published: |
[Washington, D.C.?] :
International Monetary Fund,
c2008
[Washington, District of Columbia] : 2008 |
| Series: | IMF working paper ;
WP/08/90 IMF working paper ; WP/08/90 |
| Subjects: |
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| 100 | 1 | |a Sun, Yan | |
| 245 | 1 | 0 | |a Price dynamics in the Eastern Caribbean / |c Yan Sun and Rupa Duttagupta ; authorized for distribution by Paul Cashin |
| 260 | |a [Washington, D.C.?] : |b International Monetary Fund, |c c2008 | ||
| 264 | 1 | |a [Washington, District of Columbia] : |b International Monetary Fund, |c 2008 | |
| 264 | 4 | |c ©2008 | |
| 300 | |a 1 online resource (23 pages) : |b illustrations (some color) | ||
| 300 | |a 21 p. : |b ill. ; |c 28 cm | ||
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| 440 | 0 | |a IMF working paper ; |v WP/08/90 | |
| 490 | 1 | |a IMF working paper ; |v WP/08/90 | |
| 500 | |a At head of title: Western Hemisphere Department | ||
| 500 | |a "April 2008." | ||
| 504 | |a Includes bibliographical references (p. 21) | ||
| 504 | |a Includes bibliographical references | ||
| 506 | |a Access restricted by licensing agreement | ||
| 520 | 3 | |a The Eastern Caribbean Currency Union (ECCU) countries share a common currency, the EC dollar, which has been pegged to the U.S. dollar at the same rate for more than three decades. This paper examines the influence of the peg on ECCU price stability, and analyzes whether absolute Purchasing Power Parity (PPP) holds within the currency union. It shows that U.S. price stability has helped anchor price movement in the ECCU. As the same time, inflation in the ECCU is not entirely imported from the U.S., and has some domestic policy content. In addition, deviation from PPP within the ECCU can be attributed to persistent price dispersion of nontradables | |
| 530 | |a Also available online via the World Wide Web; access restricted to licensed sites/users | ||
| 588 | |a Description based on online resource; title from PDF front page (ebrary, viewed February 26, 2014) | ||
| 590 | |a Access is available to the Yale community | ||
| 610 | 7 | |a Eastern Caribbean Currency Union |2 fast | |
| 610 | 2 | 0 | |a Eastern Caribbean Currency Union |
| 650 | 0 | |a Inflation (Finance) |z Caribbean Area |x Econometric models | |
| 650 | 0 | |a Money |z Caribbean Area |x Econometric models | |
| 650 | 0 | |a Prices |z Caribbean Area |x Econometric models | |
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| 650 | 7 | |a Economic conditions |2 fast | |
| 650 | 7 | |a Inflation (Finance) |2 fast | |
| 650 | 7 | |a Money |2 fast | |
| 650 | 7 | |a Prices |2 fast | |
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| 651 | 0 | |a United States |x Economic conditions |x Econometric models | |
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| 651 | 7 | |a United States |2 fast | |
| 700 | 1 | |a Cashin, Paul | |
| 700 | 1 | |a Duttagupta, Rupa | |
| 710 | 2 | |a International Monetary Fund |b Western Hemisphere Department. | |
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| 830 | 0 | |a IMF working paper ; |v WP/08/90 | |
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