Dec 2016
Author(s): Di Giannatale, Sonia; Roa, María José
This paper discusses the determinants of and the barriers to formal saving both from the theoretical point of view and based on empirical evidence from various associated interventions and their…
Dec 2016
Author(s): Wright, Allan; Borda, Patrice
This paper examines the role of disaster shock in a one-sector, representative agent dynamic stochastic general equilibrium model (DSGE). First, it estimates a panel vector autoregresive (VAR) model…
Dec 2016
Author(s): Khadan, Jeetendra
Energy revenues represent roughly 45 percent of Trinidad and Tobago's GDP and are highly volatile since they are correlated with the price of oil and gas. Hence, sharp changes in energy prices,…
Dec 2016
Author(s): Reyes-Tagle, Gerardo; Garbacik, Karl
Using an alternative methodology to those commonly seen in the literature, we investigate the fiscal and institutional factors that influence policymakers' decisions to use public-private…
Dec 2016
Author(s): Ruprah, Inder J.; Sierra, Ricardo
The performance of the private sector is crucial for a country's economic growth. Thus, this report revisits the theme of low Caribbean growth, viewed through a macroeconomic lens in the…
Nov 2016
Author(s): Banco Interamericano de Desarrollo (BID)
La vigésima primera edición del Informe MERCOSUR, una serie publicada por INTAL desde 1996, describe los principales aspectos de la evolución de este acuerdo regional entre el segundo semestre de…
Nov 2016
Author(s): Inter-American Development Bank (IDB)
The IDB's interactive data portal CaribbeanEconomics.org presents microeconomic data collected through primary data collection, and macroeconomic data compiled from various public sources.…
Oct 2016
Author(s): Barajas, Adolfo; Restrepo, Sergio; Steiner, Roberto; Medellín, Juan Camilo; Pabón, César
After building up foreign currency-denominated (FC) liabilities over several years, the balance sheets of Colombian firms might be particularly vulnerable to a shift in external conditions. This…
Oct 2016
Author(s): Khadan, Jeetendra; Ruprah, Inder J.
This report estimates the direct and indirect macroeconomic impact of the Brexit leave vote on the Caribbean during 2016 and 2017 in terms of economic growth, exports, tourism, and remittances. We…
Feb 2016
Author(s): Pereira da Silva, Luiz A.; Agénor, Pierre-Richard
This paper discusses, from an analytical and operational perspective, the use of reserve requirements and loan loss provisions as countercyclical macroprudential instruments. In recent years both of…
Jan 2016
Author(s): Schmid, Juan Pedro; Malcolm, Xavier
The buildup of debt in Jamaica has been concurrent with the country's sloweconomic growth, and the issues are intertwined. High debt slows economic
growth, and slow economic growth makes…