Floyd received his B.Comm. from the University of Saskatchewan in 1958, and continued to obtain an honours economics degree in 1959. He later obtained M.A. and Ph.D. from the University of Chicago in 1962 and 1964 respectively. Before coming to the University of Toronto in 1970, Floyd spent 9 years at the University of Washington. He joined the Washington faculty as an assistant professor in 1962, and was promoted to associate professor in 1966 and full professor in 1970. Since 1970, Floyd has been a professor in the Department of Economics at the University of Toronto.
Major publications
"The Overvaluation of the Dollar: A Note on the International Price Mechanism," American Economic Review, March 1965.
"The Effects of Farm Price Supports on the Returns to Land and Labor in Agriculture," Journal of Political Economy, April 1965.
"Economic Growth, Price Trends, and the U.S. Balance of Trade: 1925-62", Journal of Political Economy, November/December 1968,.
"International Capital Movements and Monetary Equilibrium," American Economic Review, September 1969.
"The Structure of Production, the Composition of Final Demand and the Determination of the Price Level and Employment," Journal of Money, Credit and Banking, May 1978,.
"Capital Immobility, Adjustment Costs, and the Theoretical Foundations of Income-Expenditure Models," Journal of Political Economy, December 1978,.
"Government Expenditure Policies in a Small Open Economy," Canadian Journal of Economics, August 1979.
"Tax Policy in an Open Economy: A Monetary Approach to a Keynesian Problem," Scandinavian Journal of Economics, 1980.
Microsets, W.W. Norton, 1981,.
World Monetary Equilibrium: International Monetary Theory in an Historical-Institutional Context, Philip Allen & University of Pennsylvania Press, 1985.
"Canada and the Gold Standard, 1871–1914: A Durable Monetary Regime," in Michael Bordo and Forrest Capie, eds. Monetary Regimes in Transition, Cambridge University Press, 1993,.
"Balance of Payments Adjustment Under Gold Standard Policies: Canada and Australia Compared," in Tamim Bayoumi, Barry Eichengreen and Mark Taylor, eds. Modern Perspectives on the Gold Standard, Cambridge University Press, 1996,.
"A Portfolio Balance Model of Gold Standard," in B. Eichengreen and M. Flandreau, eds., The Gold Standard in Theory and History, 2nd. ed., New York: Metheun, 1997, pp. 76–98, .