000004478 001__ 4478 000004478 005__ 20250303173304.0 000004478 0247_ $$a10.15456/jae.2022313.1132778116$$2DOI 000004478 041__ $$aeng 000004478 245__ $$aMoney stock targeting and money supply: A closer examination of the data (replication data) 000004478 251__ $$a1 000004478 260__ $$bZBW - Leibniz Informationszentrum Wirtschaft 000004478 269__ $$a1996 000004478 336__ $$aDataset 000004478 506__ $$aFiles may be downloaded from digital repository linked in the DOI field 000004478 520__ $$aIn 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 exchange rate. Based on their empirical results, the authors conclude that the Bank of Canada has displayed a willingness to use the money supply to target the Canada-US exchange rate. We re-examine their empirical results using a different estimation approach and with different assumptions about the forcing process of the exogeneous variables. We also extend the sample period to include more recent observations. While we find some weak evidence to support their conclusion, the results, in general, suggest that a linear-quadratic model may not be a particularly useful representation of the assumed exchange rate targeting by a monetary authority. <p> <p> Replication data for peer-reviewed article published in Journal of Applied Econometrics. Paper published January 1996.$$7Abstract 000004478 540__ $$aCreative Commons Attribution 4.0 International$$uhttps://creativecommons.org/licenses/by/4.0/legalcode$$fCC-BY-4.0 000004478 7001_ $$aAmano, Robert$$7Personal$$uBank of Canada$$3https://ror.org/05cc98565$$5ROR 000004478 7001_ $$aWirjanto, Tony$$7Personal$$uUniversity of Waterloo 000004478 791__ $$aJournalArticle$$eIsSupplementTo$$iReproducibility package is associated with peer-reviewed article$$w10.1002/(SICI)1099-1255(199601)11:1<93::AID-JAE368>3.0.CO;2-4$$c1996$$dJournal of Applied Econometrics (Wiley Blackwell)$$tMoney stock targeting and money supply: A closer examination of the data$$2DOI$$j11$$k1$$q93$$o104 000004478 791__ $$aText$$eIsSupplementTo$$2DOI$$w10.34989/swp-1994-2$$tA Further Analysis of Exchange Rate Targeting in Canada$$iAssociated peer-reviewed paper is published as Bank of Canada Staff Working Paper$$dBank of Canada$$c1994$$jStaff Working Paper$$k1994-2 000004478 8301_ $$aReproducibility Package 000004478 8301_ $$aEnsemble de données pour la reproductibilité des résultats de recherche 000004478 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:4478$$pbibliographic 000004478 937__ $$aAmano, R. and T. Wirjanto$$b1996$$cMoney stock targeting and money supply: A closer examination of the data$$dJournal of Applied Econometrics$$e11$$f1$$ghttps://doi.org/10.1002/(SICI)1099-1255(199601)11:1<93::AID-JAE368>3.0.CO;2-4 000004478 980__ $$aStaff Research 000004478 980__ $$aRDM 000004478 980__ $$aResearch Reproducibility Packages 000004478 991__ $$aPublic