This paper investigates the reaction of interest rates to changes in domestic and foreign monetary policies during periods of fixed and flexible exchange rates. In the empirical sections of this study we analyze the relationship between Canadian interest rates and some of their important...

While the methodology for the evaluation of electricity generation investments is well developed, little work has been done on how to segregate and compare the costs and benefits of electricity distribution facilities. Distribution projects have been usually treated as a required technical part...

In the past, most evaluations of the electric utility investments have been based on the assumptions that the suppliers of electricity would provide the quantity of energy demanded at an acceptable level of reliability. The question addressed in most of the investment appraisals has been: “is...

The Canadian economy experienced an increasing rate of inflation during the last half of the 1960s.The latter part of this period; interest rates reached levels higher than had been experienced for several decades. This study attempts to explain how the levels of interest rates are determined and...

The objective of this paper is to examine some aspects of the planning and pricing practices of the publicly owned electric utilities and to indicate how the economic welfare of the country could be improved through changes in these practices. We shall deal with two related sets of questions....