The Importance of Sound Monetary Policy : Some Lessons for Today from Canada's Experience with Floating Exchange Rates Since 1950

Michael D. Bordo, Pierre Siklos

In this paper we revisit the Canadian experience with floating exchange rates since 1950. Canada was a pioneer in successfully adopting a floating exchange rate during the Bretton Woods pegged exchange rate regime. Since then, most advanced countries have followed the Canadian example

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Year of publication:	September 2023
Authors:	Bordo, Michael D. ; Siklos, Pierre L.
Institutions:	National Bureau of Economic Research (issuing body)
Publisher:	Cambridge, Mass : National Bureau of Economic Research
Subject:	Flexibler Wechselkurs \| Flexible exchange rate \| Wechselkurssystem \| Exchange rate regime \| Geldpolitik \| Monetary policy \| Zeitgeschichte \| Contemporary history \| Kanada \| Canada

Extent:	1 Online-Ressource illustrations (black and white)
Series:	NBER working paper series ; no. w31654
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Hardcopy version available to institutional subscribers
Other identifiers:	10.3386/w31654 [DOI]
Classification:	E32 - Business Fluctuations; Cycles ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; F31 - Foreign Exchange ; F32 - Current Account Adjustment; Short-Term Capital Movements ; N1 - Macroeconomics and Monetary Economics; Growth and Fluctuations
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014372411