The Seductive Myth of Canada’s “Overvalued” Dollar

A confluence of factors promises to put pressure on the new Bank of Canada governor to direct monetary policy at fixing Canada’s so-called “overvalued” currency, according to a report released today by the C.D. Howe Institute. But in “The Seductive Myth of Canada’s “Overvalued” Dollar,” author Christopher Ragan provides two strong arguments against doing so: the importance of the Bank’s focus on inflation, and the weakness of the “overvalued” dollar argument.

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Authors:	Ragan, Christopher
Institutions:	C. D. Howe Institute
Subject:	Monetary Policy

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Extent:	application/pdf
Series:	e-briefs.
Type of publication:	Book / Working Paper
Notes:	Published on the C.D. Howe Institute website, June 2013 Number 158
Classification:	E58 - Central Banks and Their Policies ; O24 - Trade Policy; Factor Movement Policy; Foreign Exchange Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010683003