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Canada's exchange rate regime and North American economic integration : the role of risk-sharing mechanisms

Author: Zahir Antia; Ramdane Djoudad; Pierre St-Amant; Bank of Canada.
Publisher: [Ottawa] : Bank of Canada, 1999.
Series: Working paper (Bank of Canada), 99-17.
Edition/Format:   Print book : National government publication : EnglishView all editions and formats
Summary:
Surveys the empirical literature on consumption smoothing mechanisms of regional economic shocks. Presents evidence on the role played by various smoothing mechanisms for specific economic shocks affecting Canadian provinces. Assesses whether smoothing mechanisms play a role at the North American level in facilitating the adjustment to shocks affecting Canada and the United States specifically.
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Material Type: Government publication, National government publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Zahir Antia; Ramdane Djoudad; Pierre St-Amant; Bank of Canada.
ISBN: 0662281810 9780662281818
OCLC Number: 43279950
Language Note: Includes abstract in French.
Notes: Distributed by the Government of Canada Depository Services Program.
Cover title.
Description: v, 24 pages ; 29 cm.
Series Title: Working paper (Bank of Canada), 99-17.
Responsibility: by Zahir Antia, Ramdane Djoudad, and Pierre St-Amant.

Abstract:

Surveys the empirical literature on consumption smoothing mechanisms of regional economic shocks. Presents evidence on the role played by various smoothing mechanisms for specific economic shocks affecting Canadian provinces. Assesses whether smoothing mechanisms play a role at the North American level in facilitating the adjustment to shocks affecting Canada and the United States specifically.

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