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Why Canada needs a flexible exchange rate / by John Murray.FB3-2/99-12E

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

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.614879&sl=0

Publication information
Department/Agency
  • Bank of Canada.
TitleWhy Canada needs a flexible exchange rate / by John Murray.
Series title
  • Working paper 1192-5434 99-12
Publication typeMonograph - View Master Record
Language[English]
FormatPhysical text
Other formatsDigital text-[English]
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.
  • Résumés en français
Publishing information
  • Ottawa - Ontario : Bank of Canada 1999.
BindingSoftcover
Descriptionvi, 24p. : graphs, references, tables ; 28 cm.
ISBN0-662-27997-2
ISSN1192-5434
Catalogue number
  • FB3-2/99-12E
Departmental catalogue number99-12
Subject terms
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