Get the daily CANSIM data from January 2, 1996, to November 11, 2009, for the bank rate

Question:

Get the daily CANSIM data from January 2, 1996, to November 11, 2009, for the bank rate (series V39078) and the target overnight rate (series V39079) from the Textbook Resources area of the MyEconLab.

a. What is the difference between the two series?

b. Plot the two series.

c. Calculate the upper and lower bounds of the operating band and plot the time path of the operating band.

d. What does the time path of the operating band say about the easiness of monetary policy over this period?

Step by Step Answer:

Related Book For book-img-for-question

The Economics Of Money Banking And Financial Markets

ISBN: 9780321584717

4th Canadian Edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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Question Posted: Oct 18, 2023 03:21 AM

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Get the daily CANSIM data from January 2, 1996, to November 11, 2009, for the bank rate

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The Economics Of Money Banking And Financial Markets

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