00000nam##2200000za#4500 9.571682 CaOODSP 20211126112845 cr ||||||||||| 150406|1998||||xxc|||||o f|0| 0 eng|d 1701-9397 CaOODSP eng n-cn--- FB3-2/98-20E-PDF Bank of Canada. Evaluating alternative measures of the real effective exchange rate / [electronic resource] by Robert Lafrance, Patrick Osakwe and Pierre St-Amant. Ottawa - Ontario : Bank of Canada November 1998. 29p. graphs, tables Bank of Canada working paper 1701-9397 98-20 "This paper discusses the merits and shortcomings of alternative price indices used in constructing real effective exchange rate indices and examines the effects of different weighting schemes. It also compares selected measures of the real effective exchange rate in terms of their ability to explain movements in Canadian net exports and real output. The paper argues that, although different weighting schemes may at times provide useful and complementary information, the choice of a weighting scheme does not, in general, significantly affect on measures of Canada's competitiveness."--Abstract. The ISBN (0-662-27404-0) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication. Bibliography. This paper discusses the merits and shortcomings of alternative price indices used in constructing real effective exchange rate indices and examines the effects of different weighting schemes. It also compares selected measures of the real effective exchange rate in terms of their ability to explain movements in Canadian net exports and real output. The paper argues that, although different weighting schemes may at times provide useful and complementary information, the choice of a weighting scheme does not, in general, significantly affect on measures of Canada's competitiveness.--Abstract Résumé en français. 11-20-Supp 2011-09-29 Exchange rates gcpds St-Amant, Pierre Lafrance, Robert Osakwe, Patrick Evaluating alternative measures of the real effective exchange rate / (CaOODSP)9.614652 Working paper (Bank of Canada) 1701-9397 98-20 (CaOODSP)9.504604 http://publications.gc.ca PDF 181 KB https://publications.gc.ca/collections/Collection/FB3-2-98-20E.pdf 98-20