Price Dynamics in the Eastern Caribbean / / Rupa Duttagupta, Yan Sun

• Autore: Duttagupta Rupa
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2008
• Descrizione fisica: 1 online resource (23 pages) : illustrations (some color)
• Disciplina: 337.1729
• Soggetto topico: Prices - Caribbean Area - Econometric models; Inflation (Finance) - Caribbean Area - Econometric models; Money - Caribbean Area - Econometric models; Foreign Exchange; Inflation; Macroeconomics; Price Level; Deflation; Open Economy Macroeconomics; Currency; Foreign exchange; Purchasing power parity; Real exchange rates; Consumer price indexes; Price indexes; Prices
• Soggetto geografico: Caribbean Area Economic conditions Econometric models; United States Economic conditions Econometric models; United States
• Altri autori: SunYan
• Note generali: Bibliographic Level Mode of Issuance: Monograph
• Nota di bibliografia: Includes bibliographical references.
• Sommario/riassunto: 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.
• Titolo autorizzato: Price Dynamics in the Eastern Caribbean
• ISBN: 1-4623-8304-1; 1-282-84045-2; 9786612840456; 1-4519-8527-4; 1-4518-6951-7
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910788245903321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2008/090