An Econometric Model of Canada under the Fluctuating Exchange Rate
Book Details
Format
Hardback or Cased Book
Book Series
Harvard Economic Studies
ISBN-10
0674225007
ISBN-13
9780674225008
Publisher
Harvard University Press
Imprint
Harvard University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jan 1st, 1968
Print length
320 Pages
Weight
544 grams
Product Classification:
Economics
Ksh 7,200.00
Publisher Out of Stock
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Quality
Fast
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.
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