Paterson, Donald G.; Shearer, Ronald A. - In: Canadian Journal of Economics 36 (2003) 1, pp. 224-253
We present a new monthly wholesale price index for Canada, 1840-71, comparing fluctuations in the Canadian macroeconomy with fluctuations in similar U.S. and British indexes. Canadian prices move through distinct phases: the 1840s rise in prices and the decline in the depression of 1848-49; the...
