 | The Bank of Canada's Monetary Policy Framework : Have Recent Changes Enhanced Central Bank Credibility? Author/Editor: Takatoshi Ito, Brenda Gonzalez-Hermosillo. Release Date:December, 1997 In recent years the Bank of Canada has made important changes in the way it conducts monetary policy. In particular, the bank has adopted explicit inflation targets and introduced significant changes more...
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 | Exchange Rate Movements and Their Impact on Trade and Investment in the APEC Region Author/Editor: Takatoshi Ito, Tamim Bayoumi, Peter Isard, Steven A Symansky. Release Date:December, 1996 The 18 members of the Asia-Pacific Economic Cooperation Council (APEC) encompass not only a wide geographic area but also broad differences in stages of economic development, including among them more...
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| Race to the Center : Competition for the Nikkei 225 Futures Trade Author/Editor: Takatoshi Ito, Wen-Ling Lin. Release Date:October, 1996 This paper examines the impact of changes in margin requirements on returns, transaction volumes, and price volatility of Nikkei 225 futures on the Osaka Securities Exchange (OSE) and the Singapore more...
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