T&T solves remittances anomaly
A paper published on 30 September by the Central Bank of Trinidad and Tobago explains the decline in the value of remittances to developing countries following the crisis.
Samantha Joseph, Aaron Miller, Reshma Mahabir and Tricia Harewood, the paper's authors, use a vector autoregression model to measure the sensitivity of remittance inflows to Trinidad and Tobago and Jamaica during the crisis.
Their analysis shows that remittance flows to Trinidad and Tobago were not sensitive to the global
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