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022 |a1701-9397
040 |aCaOODSP|beng
043 |an-cn---
0861 |aFB3-2/101-3E-PDF
1102 |aBank of Canada.
24510|aOn commodity-sensitive currencies and inflation targeting / |h[electronic resource]|cby Kevin Clinton.
260 |aOttawa - Ontario : |bBank of Canada |cMarch 2001.
300 |a52p.|bgraphs, references, tables
4901 |aBank of Canada working paper|x1701-9397|v2001-3
500 |a"Two aspects of the recent monetary history of Canada, Australia, and New Zealand stand out: the sensitivity of their dollars to prices of resource-based commodities, and inflation targeting. This paper explores various aspects of these phenomena. With respect to commodity prices and exchange rates, it examines: the behaviour of real commodity prices, the terms of trade, and real exchange rates, linkages between these variables, the relative impact of commodity prices and exchange rates on output, the possibility of excessive commodity sensitivity for the three currencies."--Executive Summary.
500 |aThe ISSN (1192-5434) for the print edition has been incorrectly copied in this electronic publication.
5203 |aTwo aspects of the recent monetary history of Canada, Australia, and New Zealand stand out: the sensitivity of their dollars to prices of resource-based commodities, and inflation targeting. This paper explores various aspects of these phenomena. With respect to commodity prices and exchange rates, it examines: the behaviour of real commodity prices, the terms of trade, and real exchange rates, linkages between these variables, the relative impact of commodity prices and exchange rates on output, the possibility of excessive commodity sensitivity for the three currencies.--Executive Summary
546 |aRésumés en français.
590 |a11-19-Supp|b2011-09-23
69007|aMonetary policy|2gcpds
69007|aExchange rates|2gcpds
69007|aCurrency|2gcpds
69007|aInflation|2gcpds
7201 |aClinton, Kevin
7760#|tOn commodity-sensitive currencies and inflation targeting / |w(CaOODSP)9.615575
830#0|aWorking paper (Bank of Canada)|x1701-9397|v2001-3|w(CaOODSP)9.504604
85640|ahttp://publications.gc.ca|qPDF|s262 KB|uhttps://publications.gc.ca/collections/Collection/FB3-2-101-3E.pdf|y2001-3