| 000 | 00000nam##2200000za#4500 |
| 001 | 9.613298 |
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| 003 | CaOODSP |
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| 005 | 20211126112846 |
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| 007 | ta |
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| 008 | 150406|1996||||xxc||||| f|0| 0 eng|d |
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| 020 | |a0-662-24908-9 |
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| 022 | |a1192-5434 |
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| 040 | |aCaOODSP|beng |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-2/96-8E |
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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 / |cby Marcel Kasumovich. |
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| 260 | |aOttawa - Ontario : |bBank of Canada |c1996. |
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| 300 | |a39p. : |bfigs., references, tables ; |c28 cm. |
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| 490 | 1 |aWorking paper|x1192-5434|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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| 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 | |aRésumés en français |
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| 563 | |aSoftcover |
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| 590 | |a96-32|b1996-08-09 |
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| 690 | 07|aFiscal policy|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)9.571655 |
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| 830 | #0|aWorking paper,|x1192-5434|v96-8|w(CaOODSP)9.514622 |
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