01691cas a2200241 a 4500 AALejournalIMF010018 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451956504 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Money Demand in Canada. Washington, D.C. : International Monetary Fund, 1989. 1 online resource (52 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The pace of financial market innovation in Canada quickened in the past decade or so with implications for the empirical relationships between the various monetary aggregates and other economic variables. Against this background, this paper, using an error correction formulation, presents new estimates of the demand functions for real M1, M2, and M2+ balances and concludes that while some reasonable well-behaved money demand functions exist, the interpretation of some of the variables, notably the Canadian Savings Bond variable, is open to question. The total interest elasticities of demand (i.e., including the own rate elasticity) are close to zero raising monetary management questions. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1989/077 Full text available on IMF http://elibrary.imf.org/view/journals/001/1989/077/001.1989.issue-077-en.xml IMF e-Library