In recent times, a number of studies have focused on describing and modelling the business cycles of developing countries. However, to date very few of the small economies of the Caribbean have been the subject of this type of empirical application. In this regard, the current paper's...

After gaining political independence from the European countries and the United States, the Caribbean Basin economies have at the end of the 2000s display considerable differences in income and living standards. In this paper the concepts of convergence are used to examine whether disparities in...

This paper has two main objectives. Firstly, to establish and characterise a reference cycle (based on real output) for Barbados over the quarterly period 1974-2003 using the Bry and Boschan algorithm. Secondly, to link this aggregate output cycle to the cycles of the individual sectors that...

In the Caribbean Basin, as in many other parts of the world, unemployment, with rates between 15 and 30 percent, has become one of the major problems affecting these societies. This article highlights the specific characteristics of Caribbean unemployment, contrasting them with those observed in...

In the Caribbean Basin countries as in many other parts of the world, unemployment has become since the early 1980s one of the major dimensions of economic dysfunctions affecting societies. With levels that are above 15% and often reaching values of up to 20% or 30% during the decades 1980, 1990...