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This paper uses support vector regressions (SVRs) and Google search data to test whether observing internet habits can provide insights on trends in tourist arrivals to Barbados. We find evidence that Google Trends data may be used to (informally) pick up changing patterns and trends in tourist...
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Purpose It is generally understood that during periods of economic hardship, some persons turn to crime to compensate for income deficiencies. The paper investigates the impact of economic misery on crime. The purpose of this paper is to provide insight into the relationship between economic...
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Offshore financial centers are inextricably linked with the global flow of capital. Offshore financial centers encourage short-term investment by reducing market frictions. Lowered tax rates diminish the required expected gains from trading. This study employs data from the IMF's Coordinated...
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This research reviews the effects of fiscal expenditures on economic output in a non-linear fashion for the Barbados economy. Using the Markov-Switching methodology, fiscal expenditure multipliers are estimated for each stage of the business cycle. The data indicates that a three-regime model is...
Persistent link: https://www.econbiz.de/10013033500
This research reviews the effects of fiscal expenditures on economic output in a non-linear fashion for the Barbados economy. Using the Markov-Switching methodology, fiscal expenditure multipliers are estimated for each stage of the business cycle. The data indicates that a three-regime model is...
Persistent link: https://www.econbiz.de/10011212875