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

Author

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  • Kasumovick, M.

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

  • Kasumovick, M., 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
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    References listed on IDEAS

    as
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    10. King, Robert G. & Plosser, Charles I. & Stock, James H. & Watson, Mark W., 1991. "Stochastic Trends and Economic Fluctuations," American Economic Review, American Economic Association, vol. 81(4), pages 819-840, September.
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    More about this item

    Keywords

    MONETARY POLICY; INTEREST RATE;

    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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