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Keywords:Canada 

Newsletter
Two good neighbors lower their fences

Chicago Fed Letter , Issue Sep

Working Paper
Regionalization and home bias: the case of Canada

The bilateral trade flows between Canada and the U.S. are the world's largest and have grown rapidly in the 1990s. Are they evidence of a North American trading bloc? A gravity model of trade finds that while economic size and proximity can explain much of the substantial trade between Canada and the U.S., Canada's merchandise trade exhibits a significant U.S. bias. The model also reveals that trade between Canada's provinces is 31 times that between a province and a country other than the U.S., significantly higher than estimates of Canada's home bias relative to the U.S.
Working Papers , Paper 98-16

Conference Paper
U.S. regional trade with Canada in the first five years of free trade

Assessing the Midwest Economy , Paper GL-4

Report
Unemployment in Canada and the U.S.: lessons from the 1980's

Research Paper , Paper 8911

Journal Article
Canadian trade provides backbone for Ninth District exports

Fedgazette , Issue Oct , Pages 9-11

Working Paper
A comparison of discount rate models using international stock market data

This paper compares the ability of four discount rate models to explain the cross-sectional and time-series variation of stock returns in the U.S., Japan, England, Germany, and Canada. The data consist of quarterly returns (in dollars) on Morgan Stanley's Capital International indices for the period 1972 through 1991. The following four models are considered: (1) A consumption CAPM model, linking the discount rate to the intertemporal marginal rate of substitution in consumption, (2) A production CAPM model, linking the discount rate to the intertemporal marginal rate of transformation in ...
Working Papers in Applied Economic Theory , Paper 94-15

Journal Article
The link between money and prices in an open economy: the Canadian evidence from 1971 to 1980

Review , Volume 64 , Issue Aug , Pages 13-23

Journal Article
Inflation goals and credibility

FRBSF Economic Letter

Working Paper
A century of trade elasticities for Canada, Japan, and the United States

Virtually all that is known about the behavior of imports rests on studies estimating income and price elasticities with postwar data. But anyone examining the evolution of trade over the last century cannot avoid asking whether the postwar period provides enough information to characterize that behavior. Indeed, the literature ignoring that past offers a large range of elasticity estimates suggesting that the role of income and prices in determining imports is not known with any precision. This paper offers the first analysis ofthat role using data since 1890 for Canada, Japan, and the ...
International Finance Discussion Papers , Paper 531

Working Paper
The international transmission of economic fluctuations: effects of U. S. business cycles on the Canadian economy

Finance and Economics Discussion Series , Paper 95-6

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