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008150406|2001||||xxc|||||     f|0| 0 eng|d
020 |z0-662-30376-8
022 |a1192-5434
040 |aCaOODSP|beng
043 |an-cn---
0861 |aFB3-2/101-3E
1102 |aBank of Canada.
24510|aOn commodity-sensitive currencies and inflation targeting / |cby Kevin Clinton.
260 |aOttawa - Ontario : |bBank of Canada |c2001.
300 |ax, 39p. : |bfigs., references ; |c28 cm.
4901 |aWorking paper|x1192-5434|v101-3
500 |a"Two aspects of the recent monetary history of Canada, Australia, and New Zealand stand out: the sensitivity of their dollars to prices of resource-based commodities, and inflation targeting. This paper explores various aspects of these phenomena. With respect to commodity prices and exchange rates, it examines: the behaviour of real commodity prices, the terms of trade, and real exchange rates, linkages between these variables, the relative impact of commodity prices and exchange rates on output, the possibility of excessive commodity sensitivity for the three currencies."--Executive Summary.
5203 |aTwo aspects of the recent monetary history of Canada, Australia, and New Zealand stand out: the sensitivity of their dollars to prices of resource-based commodities, and inflation targeting. This paper explores various aspects of these phenomena. With respect to commodity prices and exchange rates, it examines: the behaviour of real commodity prices, the terms of trade, and real exchange rates, linkages between these variables, the relative impact of commodity prices and exchange rates on output, the possibility of excessive commodity sensitivity for the three currencies.--Executive Summary
546 |aRésumé en français
563 |aSoftcover
590 |a01-14|b2001-04-06
69007|aMonetary policy|2gcpds
69007|aExchange rates|2gcpds
69007|aCurrency|2gcpds
69007|aInflation|2gcpds
7201 |aClinton, Kevin
7760#|tOn commodity-sensitive currencies and inflation targeting / |w(CaOODSP)9.571582
830#0|aWorking paper,|x1192-5434|v101-3|w(CaOODSP)9.514622