C51 - Model Construction and Estimation

  • Wage and Price Dynamics in Canada

    Technical Report No. 56 Barry Cozier
    This paper examines wage and price dynamics in Canada with a view towards testing the implications of a wage-price dynamics, according to which unit labour costs are determined by a wage Phillips curve while prices are set as a markup over unit labour costs. This model is compared to an alternative model in which excess […]
    Content Type(s): Technical Reports Topic(s): Inflation and prices JEL Code(s): C, C5, C51, C52, E, E2, E24, E3, E31

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