C - Mathematical and Quantitative Methods
-
Multilateral Adjustment and Exchange Rate Dynamics: The Case of Three Commodity Currencies
In this paper, we empirically investigate whether multilateral adjustment to large U.S. external imbalances can help explain movements in the bilateral exchange rates of three commodity currencies – the Australian, Canadian and New Zealand (ACNZ) dollars. -
The Canadian Business Cycle: A Comparison of Models
This paper examines the ability of linear and nonlinear models to replicate features of real Canadian GDP. We evaluate the models using various business-cycle metrics.