Research & Publications

Working Papers

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08Jun2022

Estimating the Sizes of Buoyancy and Elasticity of the Tax System in Barbados Over the Period 1990 to 2019 The paper finds that total tax revenue is buoyant in the long-run and non-buoyant in the short run as well as elastic in the long run and inelastic in the short-run. ......

08Jun2022

The Determinants of Job Losses Due to the COVID-19 Pandemic in Small Island Developing States Utilising a survey of 1,979 firms in the Caribbean and a Probit regression model, the study identifies the key factors that might lead a firm to retrench staff....

31Dec2021

Expanding the Central Bank’s Tool Kit: Credit Guarantee Schemes in a Small Island Developing State by Shekira Thompson and Winston Moore The COVID-19 pandemic was a negative shock to the real economy which induced both liquidity...

31Dec2021

Financial Knowledge and Retirement Planning in Barbados by Lisa Brathwaite Phillips Since the 2008 global financial crisis, an increasing number of studies have sought to underscore...

29Nov2021

How Do Fiscal Rules Impact Investments for Small Open Economies? by Keisha N. Bladesand Ankie Scott-Joseph

This research study investigates the impact of fiscal rules on...

29Oct2021

MMT-Like Activities in a Managed Exchange Rate Economy by Tarron Khemraj

A debt ceiling limit and overdraft on the government’s central bank...

17Jan2018

Estimating the Total Economic Value of La Pointe des Châteaux,Guadeloupe: A Contingent Valuation Approach by Nlandu Mamingi, Alain Maurin and Jean-Gabriel Montauban. Tourism dynamism is an important indicator of the economic health of most Caribbean economies. Not...

15Jan2018

Estimation of the Pass-Through Effect of International Food and Energy Prices on Domestic Prices: The Case of Barbados by Darrin Downes, Nlandu Mamingi, Alexis Lescott and Laron Alleyne

Barbados as a small, very open economy possesses a high dependence on imported goods for...

15Jan2018

Determinants of Public Expenditure in Barbados: An Exploratory Study by Nlandu Mamingi and Nikita Bishop This exploratory study attempts to ascertain and analyse the drivers of public expenditure in...

12Jan2018

Chinese Renminbi in the Caribbean: Opportunities for Trade, Aid and Investment by Stephan Maier, Roger McLeod and Amos C. Peters Over the last two decades, the role of the People’s Republic of China in global trade and in global...

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