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Bank of Canada RSS Feedsen2024-03-28T08:58:35+00:00Optimum Currency Areas and Shock Asymmetry: A Comparison of Europe and the United States
https://www.bankofcanada.ca/1994/01/working-paper-1994-1/
Since the early 1980s, models based on economic fundamentals have been poor at explaining the movements in the exchange rate (Messe 1990). In response to this problem, Frankel and Froot (1988) developed a model that uses two approaches to forecast the exchange rate: the fundamentalist approach, which bases the forecast on economic fundamentals, and the chartist approach, which bases the forecast on the past behaviour of the exchange rate.1994-01-01T10:37:28+00:00enOptimum Currency Areas and Shock Asymmetry: A Comparison of Europe and the United States1994-01-01Exchange ratesFinancial marketsWorking Paper 1994-1 https://www.bankofcanada.ca/wp-content/uploads/2010/04/wp94-1.pdfOptimum Currency Areas and Shock Asymmetry: A Comparison of Europe and the United States Nick ChamieAlain DeSerresRené LalondeJanuary 1994CC4C40GG1G12The Role of House Prices in Regional Inflation Disparities
https://www.bankofcanada.ca/1994/01/technical-report-no67/
Theoretically, house prices will reveal greater disparities between regions than prices for more easily tradable goods and services. This contributes to regional disparities in inflation. In this report the author reviews a range of factors that are likely to cause greater disparities in house price inflation than in the price inflation of other goods and […]1994-01-01T10:03:08+00:00enThe Role of House Prices in Regional Inflation Disparities1994-01-01Regional economic developmentsTechnical Report 67https://www.bankofcanada.ca/wp-content/uploads/2010/01/tr67.pdfThe Role of House Prices in Regional Inflation DisparitiesDinah MacleanJanuary 1994Les sources des fluctuations des taux de change en Europe et leurs implications pour l'union monétaire
https://www.bankofcanada.ca/1994/01/technical-report-no66/
The objective of this paper is to provide an empirical evaluation of the degree of shock asymmetry between eight European countries that would form the core of a monetary union. Given that the relevant measure is the degree of real shock asymmetry, our approach is to use the observed movement in real exchange rates as […]1994-01-01T09:53:04+00:00frLes sources des fluctuations des taux de change en Europe et leurs implications pour l'union monétaire1994-01-01Exchange ratesTechnical Report 66 https://www.bankofcanada.ca/wp-content/uploads/2010/01/tr66.pdfLes sources des fluctuations des taux de change en Europe et leurs implications pour l'union monétaireAlain DeSerresRené LalondeJanuary 1994FF1F15F3F31