Why Canada needs a flexible exchange rate / by John Murray. : FB3-2/99-12E
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
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| Ministère/Organisme | Bank of Canada. |
|---|---|
| Titre | Why Canada needs a flexible exchange rate / by John Murray. |
| Titre de la série | Working paper1192-543499-12 |
| Type de publication | Série - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Format | Papier |
| Autres formats offerts | Électronique-[Anglais] |
| Note(s) | "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 |
| Information sur la publication | Ottawa - Ontario : Bank of Canada 1999. |
| Reliure | Softcover |
| Description | vi, 24p. : graphs, references, tables ; 28 cm. |
| ISBN | 0-662-27997-2 |
| ISSN | 1192-5434 |
| Numéro de catalogue |
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| Numéro de catalogue du ministère | 99-12 |
| Descripteurs | Exchange rates Monetary policy Currency |
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