00000nam##2200000za#4500 9.571696 CaOODSP 20211126112845 cr ||||||||||| 150406|1999||||xxc|||||o f|0| 0 eng|d 1701-9397 CaOODSP eng n-cn--- FB3-2/99-12E-PDF Bank of Canada. Why Canada needs a flexible exchange rate / [electronic resource] by John Murray. Ottawa - Ontario : Bank of Canada July 1999. 33p. graphs, references, tables Bank of Canada working paper 1701-9397 99-12 "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. The ISBN (0-662-27997-2) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication. "Prepared for a conference hosted by Western Washington University 30 April 1999"--t.p. 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 Résumé en français. 11-20-Supp 2011-09-29 Exchange rates gcpds Monetary policy gcpds Currency gcpds Murray, John Why Canada needs a flexible exchange rate / (CaOODSP)9.614879 Working paper (Bank of Canada) 1701-9397 99-12 (CaOODSP)9.504604 http://publications.gc.ca PDF 163 KB https://publications.gc.ca/collections/Collection/FB3-2-99-12E.pdf 99-12