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| 01900nam##2200313za#4500 |
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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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