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Bank of Canada RSS Feedsen2024-03-28T14:21:23+00:00Searching for the Liquidity Effect in Canada
https://www.bankofcanada.ca/1994/12/working-paper-1994-12/
This paper examines the empirical evidence of the liquidity effect in Canada. In the presence of the liquidity effect, the initial impact of an unanticipated expansionary monetary policy is to lower nominal and real interest rates for a short period of time.1994-12-01T14:37:21+00:00enSearching for the Liquidity Effect in Canada1994-12-01Monetary aggregatesWorking Paper 1994-12 https://www.bankofcanada.ca/wp-content/uploads/2010/04/wp94-12.pdfSearching for the Liquidity Effect in CanadaBen FungRohit GuptaDecember 1994