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Interpreting Money-Spply and Interest-Rate Sgocks as Monetary-Policy Shocks

Author

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  • Marcel Kasumovich

Abstract

In this paper two shocks are analysed using Canadian data: a money-supply shock ("M-shock") and an interest-rate shock ("R-shock").

Suggested Citation

  • Marcel Kasumovich, 1996. "Interpreting Money-Spply and Interest-Rate Sgocks as Monetary-Policy Shocks," Staff Working Papers 96-8, Bank of Canada.
    • Handle: RePEc:bca:bocawp:96-8
    DOI: 10.34989/swp-1996-8
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money

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