By Robert Leeson
This quantity brings jointly the various worlds top economists, to concentration totally on Canadian coverage matters and case research debates in honor of David Laidler. The ebook commemorates his good fortune and energetic participation within the examine and research of financial coverage.
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Additional resources for Canadian Policy Debates and Case Studies in Honour of David Laidler
Robson. 1996. ’ C. D. Howe Institute Commentary 79. April. , and William B. P. Robson. 1998. ’ C. D. Howe Institute Backgrounder. August. Bothwell, Robert, Ian Drummond, and Edward English. 1981. Canada since 1945: Power, Politics and Provincialism. Toronto: University of Toronto Press. Brunner, Karl. 1984. ’ Reprinted in Karl Brunner and Alan Meltzer. Monetary Policy and Monetary Regimes. Rochester: University of Rochester Graduate School of Management. 1985. Clinton, Kevin. 2006. ’ Queen’s Economics Department Working Paper, No.
Office of the Chief Actuary (OCA). 2004a. Actuarial Report (21st) on the Canada Pension Plan as at 31 December 2003. Ottawa: Office of the Superintendent of Financial Institutions. —— 2004b. Actuarial Report (7th) on the Old Age Security Program, as at 31December 2003. Ottawa: Office of the Superintendent of Financial Institutions. Parent, N. 2002. ’ Bank of Canada Review (Winter), 22–34. Parent, Nicholas, Phoebe, Munro, and Ron Parker. 2003. ” Bank of Canada Review (Autumn), 3–11. Powell, James.
8. The overall effect may have been unhelpful: as I elaborate below, this approach may have added noise to the signal intended by policy-rate changes. 9. Real-time gross-equivalent because it processes individual payments in real time on a gross basis and settles on a multilateral net basis at the end of the day. Kamhi (2006) describes the system and its operation. 10. Initially, the Bank expected the LVTS as a whole to operate on zero net balances. Happily for those who find a money multiplier resting on a zero base conceptually unsatisfactory, central bank money turned out to be so uniquely desirable that the system works better with a small positive net balance.