E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment

  • The NAIRU in Canada: Concepts, Determinants and Estimates

    Technical Report No. 50 David Rose
    An important question that faces macroeconomic policy makers is whether the economy can absorb increases in aggregate demand without generating inflationary pressures. Many economists have found it useful to approach this issue by asking whether the economy is operating at a rate of unemployment consistent with inflation neither accelerating nor decelerating, all else being equal. […]
    Content Type(s): Technical Reports Topic(s): Labour markets JEL Code(s): E, E2, E24