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Econometrica Vol. 41 No. 5 1973

Stabilization of the Canadian Dollar: 1952-1960

John E. Pippinger; Llad Phillips

Abstract

[In this paper we construct a model that describes the behavior of the foreign exchange market and Exchange Fund. Cross-spectral and regression analysis of daily data are used to show that official intervention contributed significantly to the short-run stability of Canadian exchange rates.]

DOI
10.2307/1913807
Volume
41
Issue
5
Pages
797
Sources
bibtex:phds-export.bib openalex crossref

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