Exchange rate regimes - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T00:10:00+00:00Canada's Exchange Rate Regime and North American Economic Integration: The Role of Risk-Sharing Mechanisms
https://www.bankofcanada.ca/1999/10/working-paper-1999-17/
Our contribution in this paper is threefold. First, we survey the empirical literature on consumption smoothing mechanisms of regional economic shocks. Second, building on the work of Asdrubali et al. (1996), we present evidence on the role played by various smoothing mechanisms for specific economic shocks affecting Canadian provinces. Third, we assess whether smoothing mechanisms […]1999-10-04T08:48:03+00:00enCanada's Exchange Rate Regime and North American Economic Integration: The Role of Risk-Sharing Mechanisms1999-10-04Exchange rate regimesExchange ratesWorking Paper 1999-17 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp99-17.pdfCanada's Exchange Rate Regime and North American Economic Integration: The Role of Risk-Sharing MechanismsZahir AntiaRamdane DjoudadPierre St-AmantOctober 1999FF3F33F36GG1G15Optimal Currency Areas: A Review of the Recent Literature
https://www.bankofcanada.ca/1999/10/working-paper-1999-16/
This paper surveys the recent literature on optimal currency areas (OCAs). Topics that are covered include theoretical developments in the context of general-equilibrium models and empirical work on shocks asymmetry and adjustment mechanisms. Issues relating to the endogeneity of OCA criteria, the role of exchange rate flexibility in promoting greater macroeconomic stability, and the links […]1999-10-04T08:40:53+00:00enOptimal Currency Areas: A Review of the Recent Literature1999-10-04Exchange rate regimesWorking Paper 1999-16 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp99-16.pdfOptimal Currency Areas: A Review of the Recent LiteratureRobert LafrancePierre St-AmantOctober 1999EE4E42FF3F33