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Central banks have evolved for close to four centuries. This paper argues that for two centuries central banks caught up to the strategies followed by the leading central banks of the era; the Bank of England in the eighteenth and nineteenth centuries and the Federal Reserve in the twentieth...
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This paper examines the policy rate recommendations of the Bank of Canada's Governing Council (GC) and the C.D. Howe … rates are proposed to rise than at other times. Equally interesting is the finding that the Bank of Canada conditional …
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had been very different from that seen in the United States and Canada …
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countries considered are Canada, the U.S., the U.K.. Norway. and Sweden. We are relying on a sample of annual observations from … Canada. and separately, for Norway and Sweden. Finally. we find that only a model which includes institutional change proxies …
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have on the Canadian macroeconomy might appear small. After all, Canada's trade in goods and services and financial flows … generally – from a eurozone economic shock ought to represent a pressing source of concern for Canada's policymakers. The …” such as the one that affected the world economy in 2008 and 2009. Canada might not escape next time around with only a …
Persistent link: https://www.econbiz.de/10013057480