00000nam##2200000za#4500 9.614879 CaOODSP 20211126112847 ta 150406|1999||||xxc||||| f|0| 0 eng|d 0-662-27997-2 1192-5434 CaOODSP eng n-cn--- FB3-2/99-12E Bank of Canada. Why Canada needs a flexible exchange rate / by John Murray. Ottawa - Ontario : Bank of Canada 1999. vi, 24p. : graphs, references, tables ; 28 cm. Working paper 1192-5434 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 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 Softcover 99-28 1999-07-16 Exchange rates gcpds Monetary policy gcpds Currency gcpds Freedman, Charles Why Canada needs a flexible exchange rate / (CaOODSP)9.571696 Working paper, 1192-5434 99-12 (CaOODSP)9.514622 99-12