E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T14:04:25+00:00Wage and Price Dynamics in Canada
https://www.bankofcanada.ca/1991/11/technical-report-no56/
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 […]1991-11-13T16:11:19+00:00enWage and Price Dynamics in Canada1991-11-13Inflation and pricesBarry CozierNovember 1991CC5C51C52EE2E24E3E31Some Evidence on Hysteresis and the Costs of Disinflation in Canada
https://www.bankofcanada.ca/1991/08/technical-report-no55/
This paper addresses the following questions: How large are the output costs of disinflation in Canada? Are these costs temporary, as predicted by natural-rate models, or are they permanent, as predicted by hysteresis models? Are the costs of disinflation higher at lower rates of inflation? Are they higher when the economy is at or below […]1991-08-13T16:06:53+00:00enSome Evidence on Hysteresis and the Costs of Disinflation in Canada1991-08-13Labour marketsBarry CozierGordon WilkinsonAugust 1991EE2E24E3E31