EVALUATING MONETARY POLICY MEASURES IN A SMALL PRIMARY-EXPORTING ECONOMY: THE CASE OF TRINIDAD & TOBAGO

In this paper, an attempt is made to determine whether and to what extent monetary policy impacts the real sector in Trinidad & Tobago given the great dependence of the latter on oil. Two potential instruments of monetary policy – the Required Reserves Ratio and the rate on Treasury Bills – are...

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Veröffentlicht in:	Social and economic studies 2003-09, Vol.52 (3), p.143-166
1. Verfasser:	Watson, Patrick Kent
Format:	Artikel
Sprache:	eng
Schlagworte:	Central banks Commercial banks Economic policy Evaluation Exchange Rate Exchange rates Export-import trade Interest rates Loan rates Methodology Monetary Policy Monetary policy transmission mechanisms Money Petroleum Petroleum industry Prices Treasury bills Trinidad and Tobago Vector autoregression
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