Worrell, DeLisle; Craigwell, Roland; Mitchell, Travis - In: Applied Financial Economics 18 (2008) 8, pp. 673-682
This article is a first analysis of daily transactions in the foreign exchange market of Barbados, a small open economy that has had an unchanged peg to the US dollar for over 30 years. As a result of the credibility of the peg, we expect that capital flows will respond to differentials between...
