A further analysis of exchange rate targeting in Canada / by Robert A. Amano and Tony S. Wirjanto. : FB3-2/94-2E-PDF

In a recent paper Mercenier and Sekkat (1988) conclude that the Bank of Canada has followed a policy of exchange rate targeting using the money supply. We reexamine their results using a different estimation approach and with different assumptions about the forcing process of the exogenous variables.--Abstract

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Publication information
Department/Agency Bank of Canada.
Title A further analysis of exchange rate targeting in Canada / by Robert A. Amano and Tony S. Wirjanto.
Series title Bank of Canada working paper1701-939794-2
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Other formats Paper-[English]
Note(s) "In a recent paper Mercenier and Sekkat (1988) conclude that the Bank of Canada has followed a policy of exchange rate targeting using the money supply. We reexamine their results using a different estimation approach and with different assumptions about the forcing process of the exogenous variables."--Abstract.
The ISBN (0-662-21435-8) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication.
Résumé en français.
Publishing information Ottawa - Ontario : Bank of Canada February 1994.
Description 29p.references, tables
ISSN 1701-9397
Catalogue number
  • FB3-2/94-2E-PDF
Subject terms Banking
Currency
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