Entire Proceedings (9.47MB)  |
September 1971
International monetary developments of the past
year have given a new importance to the financial relationships
between the United States and Canada. An examination
of that relationship and of Canadian experience with
a floating exchange rate was undertaken at a conference
sponsored by the Federal Reserve Bank of Boston
in September of 1971.
Contents
Entire Proceedings (9.47MB)
Foreword
Frank E. Morris
International Capital Markets and Economic Policy
Under Flexible and Fixed Exchange Rates, 1951-70
Richard E. Caves and Grant L. Reuber, with discussion by Ronald W. Jones and Robert A. Mundell.
Structural Changes in the Canadian-American
Balance of Payments
Andrew F. Brimmer, with discussion by Ronald I. McKinnon, John F. Helliwell and Andrew F. Brimmer.
The Relative Efficiency of the Canadian
Capital Market: the Consequences for
Canadian--United States Financial Relations
Edward P. Neufeld, with discussion by Bill Hutchison,
Robert M. MacIntosh, Robert Dunn, Jr. and responses
by Neufeld.
The Hedging of Commercial Transactions
Between U.S. and Canadian Residents:
A Canadian View
Harry C. Eastman, with discussion by Peter A.T. Campbell
The Hedging of Commercial Transactions
Between U.S. and Canadian Residents:
A View from the United States
Norman S. Fieleke, with discussion by George H. Chittenden and a response by Fieleke
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