Energy, the exchange rate, and the economy
macroeconomic benefits of Canada's oil sands production
Our rough guess is there are 5,250 words in this book.
At a pace averaging 250 words per minute, this book will take 0 hours and 21 minutes to read. With a half hour per day, this will take 1 days to read.
How long will it take you?
This book will take an estimated to read at a reading speed averaging words per minute. With 30 minutes per day, this will take to read.
Enter your reading speedYou can take one of our WPM reading speed tests to find your reading speed.
Create a free account to track your reading progress, build your reading list, and set reading goals.
Author
Contributions
- Mühleisen, Martin. - Contributor
- International Monetary Fund. Western Hemisphere Dept. - Contributor
Publication
2006 - International Monetary Fund, Western Hemisphere Dept., Washington, D.C., District of Columbia
Language
English
Description
This paper describes potential benefits from Canada's expanding oil sands production, higher energy exports, and further improvements in the terms of trade. Contrary to the previous Canadian exchange rate literature, this paper finds that both energy and nonenergy commodity prices have an influence on the Canadian dollar, and some upward pressure on the exchange rate would therefore be expected. Model results suggest, however, that the impact on other tradable goods exports is limited.
Subjects
Topics
Places
Series Statement
- IMF working paper -- WP/06/70
Links
Reader Reviews
No reviews yet for this book.
Be the first to share your thoughts!