@article{Financial:4237,
      recid = {4237},
      author = {Clinton, Kevin and Masson, Paul},
      title = {A Monthly Model of the Canadian Financial System},
      publisher = {Bank of Canada},
      address = {1975},
      pages = {1 online resource (iv, 121 pages)},
      abstract = {In this study we describe preliminary estimates of a model  of the Canadian financial system. At the present time, the  model explains the behaviour of the authorities, the  chartered banks, the public, and the trust and mortgage  lean companies. The variables explained include monetary  aggregates, several interest rates, and the major assets of  the chartered tanks and of the trust and mortgage loan  companies. The model differs from existing Canadian models  in that we use monthly data rather than quarterly or annual  data. We think the shorter observation period permits the  econometric estimates to capture the dynamic adjustment  processes more accurately. In particular, the mean lags  implied by our equations tend to be considerably shorter  than those in existing models. we have also written a  description of this model entitled: "Un Modèle Mensuel du  secteur Financier au Canada", which is to be published in  l'Actualité Economique in 1976.},
      url = {http://www.oar-rao.bank-banque-canada.ca/record/4237},
      doi = {https://doi.org/10.34989/tr-4},
}