central bank balance sheets. We analyze the experience in seven advanced economies (Australia, Canada, Euro area, New Zealand …

dominance in both Mexico and South Korea, but almost no fiscal dominance in Canada and the U.S. The country-specific estimates …

Using identification-robust methods, the authors estimate and evaluate for Canada and the United States various classes …

Canada for data from the 1960s up to the present. Our estimates suggest that a smoothed measure of broad money growth …

stabilize the macroeconomy, in response to a series of shocks, similar to those seen in Canada and the United States over the … 1983 to 2004 period. The analysis is conducted in a two-country (Canada and the United States), two-sector (tradables and … been most important for explaining movements in Canada’s terms of trade over this period, PLPT is still preferred to IT …

-40) period. Surprisingly, we find that average relative price dispersion across cities within Canada and the U.S., and the role … also find large changes in the importance of the Canada- U.S. border during the Interwar period. While increased price … rates), large relative and absolute price differences persist even after the Canada-U.S. nominal exchange rate returned to …