July 4, 2005
Publications
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June 25, 2005
Changes in the Indicator Properties of Narrow Monetary Aggregates
Although many countries have abandoned monetary targeting in recent decades, monetary aggregates are still useful indicators of future economic activity. Past research has shown that, compared with other monetary aggregates and expressed in real terms, net M1 and gross M1 have traditionally provided superior leading information for output growth. -
June 25, 2005
Bank of Canada Review - Summer 2005
Cover page
African Marriage Money
The metal marriage currencies pictured on the cover are part of the National Currency Collection, Bank of Canada.
Photography by Gord Carter, Ottawa. -
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