00000nam 2200000za 4500 9.860903 CaOODSP 20221107160623 cr ||||||||||| 180821s1992 oncd|||#o f000 0 eng d CaOODSP eng n-cn--- EC12-4/1992-47E-PDF McKibbin, Warwick J., 1957- The MSG model of the Canadian economy [electronic resource] / Warwick J. McKibbin. [Ottawa] : Economic Council of Canada, 1992. ix, 52 p. : charts. Working paper (Economic Council of Canada) ; No. 47 Digitized edition from print [produced by the Publishing and Depository Services Directorate]. Includes bibliographic references. "This paper presents the specification and simulation properties of the MSG model of the Canadian economy. The model is embedded into the MSG multicountry model, and a number of policy changes and shocks are considered. The paper considers the impact of changes in Canadian monetary and fiscal policies and draws a distinction between the short-run and long-run effects of these policies. A distinction is also made between temporary, permanent, anticipated, and unanticipated policy changes. In addition, the paper considers the impact on Canada of a fiscal expansion and a monetary expansion in the United States, as well as the effects on Canada of a permanent fall in the world supply of oil and a rise in productivity in Canada. The latter shock could be interpreted as one aspect of the free-trade agreement with the United States"--Abstract, p. ix. gccst Economic analysis gccst Monetary policy Economic Council of Canada. Working paper (Economic Council of Canada) No. 47 (CaOODSP)9.856436 PDF 4.28 MB https://publications.gc.ca/collections/collection_2018/ecc/EC12-4-1992-47-eng.pdf