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The Determinants Of The Nominal Interest Rate


  • Glenn Jenkins

    () (Queen's University, Kingston, On, Canada)



The Canadian economy experienced an increasing rate of inflation during the last half of the 1960s.The latter part of this period; interest rates reached levels higher than had been experienced for several decades. This study attempts to explain how the levels of interest rates are determined and to estimate the timing of the movements of the Canadian short-term Treasury bill rate.

Suggested Citation

  • Glenn Jenkins & HENRY LIM, 1970. "The Determinants Of The Nominal Interest Rate," Development Discussion Papers 1970-01, JDI Executive Programs.
  • Handle: RePEc:qed:dpaper:2

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    inflation; interest rates; Canada;

    JEL classification:

    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects


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