Consumer confidence and economic growth: case studies of Jamaica and Trinidad and Tobago
- Author(s):
-
Sergeant, Kelvin |
-
Lugay, Beverly |
- Dookie, Michele
- Date Issued:
- 2011-10
- Serie:
- Documentos de Proyectos
- No.
- 545
- UN symbol:
This study examined the causal link between consumer confidence and GDP in Jamaica and Trinidad and Tobago in the context of the vector autoregression (VAR) methodology. The interest rate and exchange rate were also included in the model as control variables. In the case of Jamaica, remittances were included due to its importance in the economy. The study argued that consumer confidence indices can be useful in economic forecasting, policymaking and business planning in Jamaica and Trinidad and Tobago. This usefulness is, however, built on the assumption that the index leads (or causes) aggregate economic conditions.
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Consumer confidence and economic growth: case studies of Jamaica and Trinidad and Tobago
- Author(s):
- Sergeant, Kelvin A. |
- Lugay, Beverly |
- Dookie, Michele
- Date Issued
- 2011-10
- Physical Description
- 29 p.
- UN symbol:
This study examined the causal link between consumer confidence1 and GDP in Jamaica and Trinidad
and Tobago in the context of the vector autoregression (VAR) methodology. The interest rate and
exchange rate were also included in the model as control variables. In the case of Jamaica, remittances
...
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- UN symbol:
This survey provides an overview of the economic performance of the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname and Trinidad and Tobago, together with the eight member countries of the Eastern Caribbean Currency Union (ECCU) countries for 2010 and their outlook for 2011. The first section ...
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- UN symbol:
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- UN symbol: