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Un modèle économétrique de l’économie canadienne pendant l’entre-deux-guerres

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  • Daniel Racette

    (Université de Montréal)

Abstract

Even though the Canadian Great Depression was one of the worst in the Western World, there are no recent articles where the phenomenon is analyzed as a whole. In this paper, the Interwar business cycles are analyzed in the context of a macroeconomic model with monthly data. The model features the specification of the money supply process, of the balance of payments and of the interaction between these variables.

Suggested Citation

  • Daniel Racette, 1982. "Un modèle économétrique de l’économie canadienne pendant l’entre-deux-guerres," L'Actualité Economique, Société Canadienne de Science Economique, vol. 58(4), pages 443-462.
    • Handle: RePEc:ris:actuec:v:58:y:1982:i:4:p:443-462
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    1. Feige, Edgar L & Pearce, Douglas K, 1976. "Economically Rational Expectations: Are Innovations in the Rate of Inflation Independent of Innovations in Measures of Monetary and Fiscal Policy?," Journal of Political Economy, University of Chicago Press, vol. 84(3), pages 499-522, June.
    2. Keith A. J. Hay, 1967. "Money and Cycles in Post-Confederation Canada," Journal of Political Economy, University of Chicago Press, vol. 75(3), pages 263-263.
    3. Choudhri, Ehsan U & Kochin, Levis A, 1980. "The Exchange Rate and the International Transmission of Business Cycle Disturbances: Some Evidence from the Great Depression," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(4), pages 565-574, November.
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