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001 | 9.571655 |
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003 | CaOODSP |
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005 | 20211126112844 |
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007 | cr ||||||||||| |
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008 | 150406|1996||||xxc|||||o f|0| 0 eng|d |
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022 | |a1701-9397 |
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040 | |aCaOODSP|beng |
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043 | |an-cn--- |
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086 | 1 |aFB3-2/96-8E-PDF |
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110 | 2 |aBank of Canada. |
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245 | 10|aInterpreting money-supply and interest-rate shocks as monetary-policy shocks / |h[electronic resource]|cby Marcel Kasumovich. |
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260 | |aOttawa - Ontario : |bBank of Canada |cJuly 1996. |
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300 | |a44p.|breferences, tables |
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490 | 1 |aBank of Canada working paper|x1701-9397|v96-8 |
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500 | |a"In this paper two shocks are analysed using Canadian data: a money-supply shock (M-shock) and an interest-rate shock (R-shock). Money-supply shocks are derived using long-run restrictions based on long-term propositions of monetary theory. Thus, an M-shock is represented by an orthogonalized innovation in the trend shared by money and prices. An R-shock is represented by the orthogonalized innovation in the overnight interest rate."--Abstract. |
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500 | |aThe ISBN (0-662-249408-9) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication. |
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520 | 3 |aIn this paper two shocks are analysed using Canadian data: a money-supply shock (M-shock) and an interest-rate shock (R-shock). Money-supply shocks are derived using long-run restrictions based on long-term propositions of monetary theory. Thus, an M-shock is represented by an orthogonalized innovation in the trend shared by money and prices. An R-shock is represented by the orthogonalized innovation in the overnight interest rate.--Abstract |
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546 | |aRésumé en français. |
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590 | |a11-19-Supp|b2011-09-23 |
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690 | 07|aFiscal policy|2gcpds |
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690 | 07|aInterest rates|2gcpds |
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720 | 1 |aKasumovich, Marcel |
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776 | 0#|tInterpreting money-supply and interest-rate shocks as monetary-policy shocks / |w(CaOODSP)9.613298 |
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830 | #0|aWorking paper (Bank of Canada)|x1701-9397|v96-8|w(CaOODSP)9.504604 |
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856 | 40|ahttp://publications.gc.ca|qPDF|s111 KB|uhttps://publications.gc.ca/collections/Collection/FB3-2-96-8E.pdf|y96-8 |
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