An Econometric Model of Canada Under the Fluctuating Exchange Rate (Hardcover) (ISBN-13: 9780674225008)

Between September 30, 1950, and May 2, 1962, the value of the Canadian dollar was allowed to fluctuate. This situation, in conjunction with an abundance of Canadian quantitative data, provided Lawrence Officer with a unique opportunity to test theories concerning an economy under the influence of a fluctuating exchange rate. In order to explain the fluctuations that occurred, Mr. Officer set up a model of Canada's economy for the relevant time period. In contrast to conventional models, the exchange rate is the key variable in the system and the foreign sector receives particular attention because of its primary role in determining the exchange rate.

Author: Lawrence H. Officer
ISBN-10: 0674225007
ISBN-13: 9780674225008
Publisher: Harvard University Press
Language: English
Published: 01/01/1968
Pages: 320
Format: Hardcover
Weight: 1.17lbs
Size: 8.59h x 5.80w x 0.98d