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Aug 31,2007
- Kari H. I. Grenade and Winston Moore
This paper empirically tests this theory by investigating the sensitivity of interest rates in the Eastern Caribbean Currency Union (ECCU) to changes in the US rates. The empirical results show long –run convergence between the two rates, indicating that interest rate parity holds for all countries in the ECCU.
Aug 01,2007
- Emefa Sewordor, Leah Sahely, and Rosbert Humphrey
This paper develops an alternative approach to forecasting demand for banknotes that captures the effect of the Cricket World Cup 2007, to inform the Currency Management Department’s ordering decision for the three-year period January 2007 to December 2009.
Jul 21,2007
Jul 01,2007
Mar 31,2007
Mar 01,2007
- Kari H. I. Grenade
This study employs panel data techniques to measure the relevance of micro and macro factors in determining commercial banks’ interest rate spreads over the period 1993-2003. The results indicate that the observed spreads can be attributed to the high level of market concentration, high operating costs and non- performing loans and the central bank’s regulated savings deposit rate.
Feb 01,2007
Jan 31,2007
Jun 01,2006
