Why Canada needs a flexible exchange rate / by John Murray. : FB3-2/99-12E-PDF
The paper first reviews the theoretical arguments advanced in the economics literature in support of fixed and flexible currency arrangements. A discussion of Canada's past experience with the two exchange rate systems follows, after which there is a survey of the empirical evidence published on Canada's current and prospective suitability for some form of fixed currency arrangement with the United States. The final section of the paper examines critically a number of concerns raised about the behaviour of the current flexible exchange rate system.--Abstract
Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.571696&sl=1
| Ministère/Organisme | Bank of Canada. |
|---|---|
| Titre | Why Canada needs a flexible exchange rate / by John Murray. |
| Titre de la série | Bank of Canada working paper1701-939799-12 |
| Type de publication | Série - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Format | Électronique |
| Document électronique | |
| Autres formats offerts | Papier-[Anglais] |
| Note(s) | "The paper first reviews the theoretical arguments advanced in the economics literature in support of fixed and flexible currency arrangements. A discussion of Canada's past experience with the two exchange rate systems follows, after which there is a survey of the empirical evidence published on Canada's current and prospective suitability for some form of fixed currency arrangement with the United States. The final section of the paper examines critically a number of concerns raised about the behaviour of the current flexible exchange rate system."--Abstract. The ISBN (0-662-27997-2) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication. "Prepared for a conference hosted by Western Washington University 30 April 1999"--t.p. Résumé en français. |
| Information sur la publication | Ottawa - Ontario : Bank of Canada July 1999. |
| Description | 33p.graphs, references, tables |
| ISSN | 1701-9397 |
| Numéro de catalogue |
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| Descripteurs | Exchange rates Monetary policy Currency |
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