Research Publications

 

The Research Department produces projects for dissemination in a variety of settings, including seminars, local and foreign conferences, workshops, outreach programs and printed or online publications:

 

Conference Papers

These include papers presented by members of the Department at research conferences and seminars worldwide, including seminars hosted by other central banks.

Caribbean Center for Money and Finance Conference

 

Research Papers Series

The aim of the Central Bank of Trinidad and Tobago Research Papers is to contribute to the literature on contemporary economic issues with a view to informing policy. These publications highlight the work of economists in the Research Department of the Central Bank of Trinidad and Tobago, as well as joint projects with other institutions.

Vol. 1 No. 1 September 2010 - S. Joseph, A. Miller, R. Mahabir, T. Harewood - The Sensitivity of Remittance Inflows to the Global Financial Crisis: Evidence from Trinidad and Tobago and Jamaica

 

Vol. 2 No. 1 December 2011 - A. Hilaire, A. Henry, S. Dhoray-Baig, A. Ramlogan, T. Mitchell - Exploring the Benefit of Stress Testing: The Case of Trinidad and Tobago

 

Working Papers Series

The Working Papers series includes papers primarily authored by economists of the Research Department. The topics chosen are of interest to the authors, but are equally pertinent to the economy of Trinidad and Tobago. The aim of the Working Papers series is to stimulate discussions and comments from interested readers.  Please address comments to commentsWP@central-bank.org.tt.

 

2017

WP 02/2017 August 2017 - D. Ramrattan - The Ageing Problematique in Trinidad and Tobago: Preparing for the Potential Impacts


WP 01/2017 June 2017 – A. Dhanessar- An Examination of the Predictive Power of Financial Market Indicators in Trinidad and Tobago

 

2016

WP 03/2016 November 2016 - A. Rahaman, R. Mahabir and M. Majid - Price Stability and Financial Stability in Trinidad and Tobago: Is there a relationship? What is the direction of the relationship?
 

WP 02/2016 August 2016 - A. Rahaman and R. Mahabir - Alternative Monetary Policy Rules in Trinidad and Tobago: An Analysis using a Generalized Methods of Moments (GMM) Approach


WP 01/2016 August 2016 - Mahabir, Ramrattan, Rahaman - Inflation Across Different Groups in Trinidad and Tobago

 

2013

WP 12/2013 April 2013 - J. Cotton, K. Finch, R. Sookraj - Measuring the Cyclically Adjusted and Structural Balances in Trinidad and Tobago

 

WP 11/2013 February 2013 - R. Mahabir, V. Jagessar, C. Neptune, D. Cox - Understanding Wages in a Small Open Market: The Case of Trinidad and Tobago

 

WP 10/2013 January 2013 - T. Taylor, R. Mahabir, V. Jagessar, J. Cotton - Examining Reinvestment in Trinidad and Tobago

 

2012

WP 09/2012 November 2012 - R. Mahabir, K. Primus, D. Cox, V. Jagessar, C. Neptune - Price Setting in Trinidad and Tobago: Evidence from Survey Data

 

WP 08/2012 September 2012 - T. Taylor, R. Mahabir, V. Jagessar, J. Cotton - Examining Foreign Direct Investment in Oil Producing Economics

 

WP 07/2012 September 2012 - S. Lewis, K. Thompson, K. Roopnarine, D. Cheong - Developing Central Government of Trinidad and Tobago Bond Indices

 

WP 06/2012 April 2012 - J. Cotton - The Buoyancy and Elasticity of Non-Oil Tax Revenues in Trinidad and Tobago (1990-2009)

 

2011

WP 05/2011 November 2011 - A. Hilaire, A. Henry, S. Dhoray-Baig, A. Ramlogan, T. Mitchell - Exploring the Benefits of Stress Testing: The Case of Trinidad and Tobago

 

WP 04/2011 September 2011 - K. Ramlochan and T. Blake - Seasonally Adjusting Economic Time Series in Trinidad and Tobago

 

WP 03/2011 September 2011 - R. Mahabir - Early Signals of the CARIFORUM-EU Economic Partnership Agreement

 

WP 02/2011 August 2011 - R. Mahabir and V. Jagessar - An Examination of the Import Price Transmission Mechanism in Trinidad and Tobago

 

WP 01/2011 June 2011 – K. A. Roopnarine and D. Ramrattan - Female Labour Force Participation:

The Case of Trinidad and Tobago.

 

Presentations

These comprise mainly PowerPoint Presentations (PP) by the staff of the Research and Statistics Departments to various audiences.

 

Dr. Reshma Mahabir - Macro-prudential Supervision and Financial Stability - June 5-6, 2014, CGBS Conference, Hyatt Regency, Trinidad.

 

Governor Jwala Rambarran, Michelle Majid and Veronica Ramcharan - Resolving Sovereign Debt Distress in the Caribbean: Towards a Heavily Indebted Middle Income Country (HIMIC) Initiative - April 23-25, 2014, The 15th Annual Sir Arthur Lewis Institute of Social and Economic Studies Conference, Hyatt Regency, Trinidad.

 

J. Cotton, Dr. Reshma Mahabir and Kevin Smith - Exploring an Industry Framework to Evaluate Competitiveness - April 23-25, 2014, The 15th Annual Sir Arthur Lewis Institute of Social and Economic Studies Conference, Hyatt Regency, Trinidad.

 

Dr. Earl Boodoo, Dr. Reshma Mahabir and Mr. Dindial Ramrattan - Creating Multi-Indicators of Poverty: Household Budget Survey and Its Applications - April 23-25, The 15th Annual Sir Arthur Lewis Institute of Social and Economic Studies Conference, Hyatt Regency, Trinidad.

 

Mr. Akeem Rahaman, Dr. Reshma Mahabir and Dr. Earl Boodoo - Assessing the Resilience of the Banking Sector in Trinidad and Tobago: A Vector Autoregressive Analysis - April 23-25, 2014, The 15th Annual Sir Arthur Lewis Institute of Social and Economic Studies Conference, Hyatt Regency, Trinidad.

 

Richard Cassie - Analyzing the Sustainability of Public Sector Debt in Trinidad and Tobago - October 2-4, 2013, 45th Annual Monetary Studies Conference, Kingston, Jamaica

 

Deputy Governor Dr. Alvin Hilaire, Alister Noel and Michelle Francis-Pantor - The Central Bank and the Securities & Exchange Commission: Strategic Issues - October 11, 2013

 

Shanta Dhoray-Baig - Overview of ECLAC Workshop on Short Term Economic and Fiscal Indicators - September 23, 2013 - Discussion Seminar, Central Bank Conference Facilities

 

Deputy Governor Dr. Alvin Hilaire and Shanta Dhoray-Baig - Using High Frequency Economic Indicators in Trinidad and Tobago - August 29-30, UN ECLAC Workshop, Mexico City

 

Deputy Governor, Dr. Alvin Hilaire, Angela Henry, Krishendath Ramlochan - Macroeconomic Challenges: Linking Extractive Industries to the Wider Economy  June 14, 2013

 

Deputy Governor - Dr. Alvin Hilaire -  Regional Financial Arrangements in the Caribbean

IMF Headquarters Washington, D.C. - April 17, 2013

 

 School Lecture Series Volume 1 : Money, Monetary Policy and the Central Bank of Trinidad and Tobago

This lecture series is structured to aid students pursuing qualifications in Economics, specifically the Caribbean Proficiency Examinations

 

J. Cotton - The Buoyancy of Elasticity of Non-Oil Tax Revenues in Trinidad and Tobago (1990-2009)

Presentation to Conference on Revenue Management in Hydrocarbon Economics, June 22, 2012 -

Hyatt Regency Hotel

 

A. Hilaire, A. Henry, K. Ramlochan - Dutch Disease in Trinidad and Tobago: Then and Now, Presentation to Conference on Revenue Management in Hydrocarbon Economics, June 20-22 2012- Hyatt Regency Hotel

 

A. Hilaire, A. Henry, S. Dhoray-Baig, A. Ramlogan, T. Mitchell - Exploring the Benefits of Stress Testing: The Case of Trinidad and Tobago, Discussion Seminar November 9, 2011 held at Central Bank Conference Facilities

 

K. Roopnarine and D. Ramrattan - Female Labour Force Participation: The Case of Trinidad and Tobago, World Association of Sustainable Development, 9th International Conference, USA October  2011

 

A. Hilaire and J. Cotton - Public Private Partnerships, Seminar November 1, 2011 hosted by Canadian High Commission at Hyatt

 

A. Hilaire - A Clear Direction: Progressive Credit Union, 24th Annual General Meeting

 

A. Hilaire – Business Cycle Dynamics in Trinidad and Tobago: Conference on the Economy, University of the West Indies, St. Augustine

 

V. Jagessar – The Research Department: A  Cornerstone of the Central Bank of Trinidad & Tobago: CBTT Vacation Internship Programme, Central Bank of Trinidad and Tobago
 

V. Jagessar – Developing the MSME Sector: A Little goes a Long Way!: Duke Engage Program, Conference Facilities, Central Bank of Trinidad and Tobago

 

A. Hilaire – Legacies of the Global Recession: RBTT/RBC Meeting, Trinidad and Tobago

 

D. Stoddard and N. Lezama – Understanding Economic Indicators: What Every Businessman should Know: Employers’ Consultative Association Breakfast Workshop, Crown Plaza Hotel and Conference Centre, Port of Spain

 

A. Hilaire – Trends in the Global Economy: Conference on the Economy, University of the West Indies, St. Augustine

 

Staff Articles

These include articles primarily authored by economists of the Research Department on topics that are of interest to the authors, but are equally pertinent to the economy of Trinidad and Tobago. These papers are published in external journals.

 

2013

Jul 2013: K. Thompson, R. Cassie and J. Cotton - The Impact of the Global Financial Crisis on the Fiscal Accounts and Public Sector Debt in Trinidad and Tobago.: Economic Bulletin Volume XV No.2

 

2011

Jan 2011: K. Primus, V. Jagessar, D. Cox and R. Mahabir – What Accounts for Food Price Inflation in Trinidad and Tobago in Recent Years?: Economic Bulletin Vol XIII No.1

 

Jan 2011: T. Mitchell and R. Sookraj – Weighted Average Interest Rates on New Loans: Economic Bulletin Vol XIII No.1

 

2010

Jul 2010: K. Ramlochan – Measuring Capacity Utilization in the Manufacturing Sector of Trinidad and Tobago: Economic Bulletin Vol XII No.2

 

Jul 2010: K. Finch, D. Cox in collaboration with the Energy Chamber – The Energy Commodity Price Index: Economic Bulletin Vol XII No.2

 

2007

Nov 2007: J. Cotton - Fiscal Measures in the 2007 to 2008 Budget: Economic Bulletin Vol IX No. 3

 

2006

Nov 2006: J. Cotton – Fiscal Measures in the 2006 to 2007 Budget: Economic Bulletin Vol VIII No.3

 

2004

May 2004: S. Ramirez – HIPC Assistance from Trinidad and Tobago: A Creditor's Perspective: Economic Bulletin Vol VI No.1

 

Nov 2004: L. De Vignes and V. Prasad – Rebasing of the QGDP Index: Economic Bulletin Vol VI

No. 2 & 3

 

Nov 2004: J. Cotton – Fiscal Measures in the 2004 to 2005 Budget: Economic Bulletin Vol VI

No. 2 & 3

 

Staff External Publications

Mahabir, Reshma and Dindial Ramrattan (2015) - "Influences on the gender wage gap of Trinidad and Tobago: An economic concept or a social construct?", World Journal of Entrepreneurship, Management and Sustainable Development, Vol. 11 Iss: 2, pp.140 - 151

 

Mahabir, Reshma, Keyra Primus, Vishana Jagessar, Delvin Cox and Crystal Neptune (2013) - "Price Setting Behaviour in Firms: The Case of Trinidad and Tobago". Journal of Business, Finance and Economics in Emerging Economies, Vol. 8 No. 1, pgs. 54-78.

 

Roopnarine, Karen, and Dindial Ramrattan (2012) - Female Labour Force Participation: the Case of Trinidad and Tobago. World Journal of Entrepreneurship, Management and Sustainable Development, Vol. 8 No. 2/3, pgs. 183-193.

 

Mahabir, Reshma and Vishana Jagessar (2011) - Price Rigidity: The Case of Trinidad & Tobago (pgs. 55-89) in Price Rigidity Formation and Inflation Dynamics in The Caribbean, Edited by Roland Craigwell, Winston Moore and DeLisle Worrell.

 

Primus, Keyra and Reshma Mahabir (2011) - "An Empirical Analysis of the Inflation Targeting Framework in a Time of Financial and Economic Crisis". Journal of Business, Finance and Economics in Emerging Economies, Vol. 6, No.1, pgs. 136-159.