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Canada's Pioneering Experience with a Flexible Exchange Rate in the 1950s:(Hard) Lessons Learned for Monetary Policy in a Small Open Economy

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NBER2007-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13605
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This paper revisits Canada's pioneering experience with floating exchange rate over the period 1950-1962. It examines whether the floating rate was the best option for Canada in the 1950s by developing and estimating a New Keynesian small open economy model of the Canadian economy. The model is then
提供机构:
美国国家经济研究局
创建时间:
2007-11-01
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