Publications

Peters, Amos C., (2010), ‘Election Induced Fiscal and Monetary Cycles: Evidence from the Caribbean’, Journal of Developing Areas, Vol. 44, No. 1. (Forthcoming)

Peters, Amos C., and Marlon A Bristol, (2006), ‘VAT: Is it Suitable for the Caribbean Community?’, Social and Economic Studies, Vol. 55, No. 3. [PDF]

Peters, Amos, (2002), ‘Exploring Caribbean Tax Structure and Harmonization Strategies’, Bulletin for International Fiscal Documentation, Vol. 56, No. 5. [PDF]

Peters, Amos, (2002), ‘An Application of Wagner’s ‘law’ of Expanding State Activity to Totally Diverse Countries’, Transition, Issue 31.[PDF]

Peters, Amos, (2001), ‘The Determinants of Growth in the English Speaking Caribbean’, Savings and Development, Issue 3.[PDF]

Polius, Tracy and Amos Peters, (2000), ‘Deposit Insurance: Is it a Plausible Option for the Eastern Caribbean Currency Union?’, Journal of Financial Regulation and Compliance, Vol. 8, Issue 2. [PDF]

Articles

Peters, Amos, (2002), ‘The Monetary Union Trilemma’, CARICOM View, July-September Issue. [PDF]

Peters, Amos, (2000), ‘The Race for the World's Chief Economic Czar’, Issues in External Relations Newsletter, ECCB, Vol. 4 No. 1. [PDF]

Peters, Amos, (1999), ‘Dollarization’, Issues in External Relations Newsletter, ECCB, Vol. 3 No. 2. [PDF]

Peters, Amos C.,(1999), Strategies to Promote Small and Medium Enterprise in the New International Order, Eastern Caribbean Central Bank, Mimeo. [PDF]

Policy Papers

Peters, Amos C., (2002),'The Fiscal Effects of Tariff Reduction in the Caribbean Community', CARICOM Secretariat, Mimeo.[PDF]

Research Interests

International Macroeconomics

International Finance

Economic Development

Public Finance

Job Market Paper:

Exchange Rate Targeting in an Estimated Small Open Economy [PDF]

Abstract: This paper discusses the role of the exchange rate in monetary policy formulation. It examines how the exchange rate is determined and whether or not it should be included in a Taylor rule specification. The paper then investigates whether emerging market economies systematically target the real exchange rate. By estimating a dynamic optimizing small open economy model with nominal rigidities, the paper is able to assess within a structural context, how central banks response to fluctuations in the exchange rate. The results are mixed. For South Africa and Mexico the results do not support the hypothesis that emerging market economies target the real exchange rate while for Indonesia and Thailand the results provide some evidence to indicate that the monetary authority actively targets the exchange rate thus exhibiting a  ‘fear of floating’.

Research Abstract [PDF]