We examine the ability of the simple linear-quadratic model under rational expectations to explain dynamic behaviour of aggregate Canadian imports. In contrast to authors[...]

This paper examines the ability of the linear-quadratic model under rational expectations to explain the dynamic behaviour of broad money aggregates in Germany, Japan and[...]

We examine whether there is a significant relationship between government and private consumption for Canada. We derive estimating equations between the two types of cons[...]

In a recent paper Mercenier and Sekkat (1988) conclude that the Bank of Canada has followed a policy of exchange rate targeting using the money supply. We re-examine thei[...]

This paper studies the asymptotic behaviour of least squares estimates in a stock adjustment model when the variables are nonstationary. The paper first considers the cas[...]

In a recent paper Mercenier and Sekkat (1988) use a linear-quadratic model to examine the willingness of a monetary authority in a small open economy to target its exchan[...]

In this study we examine the stability of long-run broad money demand in Japan. In contrast to previous studies of Japanese broad money demand, we use a series of tests d[...]