Posts

• June 1, 1994

  Summer 1994

  Mark Kruger, Robert Lafrance

  Canada's net external indebtedness increased from $110 billion in 1980 to $313 billion in 1993, reflecting the accumulation of current account deficits over many years.

  Content Type(s): Publications, Bank of Canada Review articles

• From Monetary Policy Instruments to Administered Interest Rates: The Transmission Mechanism in Canada

  Technical Report No. 69 Kevin Clinton, Donna Howard

  The authors investigate interest-rate aspects of the transmission mechanism of monetary policy instruments in Canada, focussing on the stability of the relationships between some key interest rates and the instruments of monetary policy. To determine what shifts may have occurred in recent years, they describe movements in rate differentials, apply cointegration tests and estimate error-correction […]

  Content Type(s): Staff research, Technical reports Topic(s): Monetary policy transmission JEL Code(s): E, E5, E52