30-Sep-2021
This compilation of working papers is not meant to be a complete source of information and knowledge on the chosen subject matter. Indeed, the works presented in this volume focus solely on the Trinidad and Tobago’s financial system and a sub-set of questions within a vast and expanding field of financial stability research. Nonetheless, the questions discussed and evidence presented in this volume may contain useful insights that might be relevant to similar financial systems like ours. The compilation is the second special research project aimed at promoting publications on Central Banking and other identified issues, outlined as number 7.2 in the 23 core projects of the Bank's Strategic Plan 2016/17 - 2020/21.
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30-Sep-2021
Overall global economic performance continues to recover, underpinned by widespread vaccination efforts, easing of pandemic restrictions and accommodative fiscal and monetary policies. Nonetheless, the pace of recovery across countries is very uneven, given varied access to vaccines and the resurgence of the virus in many areas.
Read More30-Sep-2021
This paper explores the use of Internet user searches from the freely available statistical tool “Google Trends” to estimate and predict Trinidad and Tobago’s unemployment rate. The main research question was: Does a model for estimating Trinidad and Tobago’s quarterly unemployment rate using Google search volumes significantly improve the baseline forecasting model?
Read More30-Sep-2021
The six months to September 30, 2021 marks the tenth and final reporting period under the Strategic Plan 2016/17-2020/21. Building on the themes of monetary policy, financial stability and internal operations, this Plan outlined 10 objectives which were operationalised across 23 projects.
Read More08-Sep-2021
The Central Bank of Trinidad and Tobago and the Caribbean Economic Research Team (CERT) is pleased to announce the 52nd Annual Monetary Studies Conference (AMSC) on Fiscal and Monetary Policy in the Caribbean in Pandemic Times. We now invite submission of completed research papers or extended abstracts. Click on read more for the list of topics and submission criteria.
Read More01-Sep-2021
As at September 2021, the Mortgage Market Reference Rate remains unchanged.
Read More31-Aug-2021
Global economic activity continued to recover during the first half of 2021, despite the intensification of the COVID-19 pandemic in some countries. Extensive vaccination programmes and a gradual easing of restrictions in advanced economies resulted in a return to positive growth in the second quarter of 2021.
Read More31-Aug-2021
A global economic recovery is underway but remained mixed over the first half of 2021. A healthy rebound in crude oil and natural gas prices was experienced over the first seven months of 2021, compared to the similar period in 2020.
Read More03-Aug-2021
The dynamic and multifaceted response to the novel coronavirus (COVID-19) pandemic attenuated risks to global financial stability in 2020. Since the declaration of the pandemic in early 2020, countries’ authorities have provided fiscal, monetary and financial policy support which have been instrumental in alleviating macro-financial disturbances, boosting investor sentiment and maintaining credit creation.
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