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Bank of Canada RSS Feedsen2024-03-29T12:39:06+00:00What Does Downward Nominal-Wage Rigidity Imply for Monetary Policy?
https://www.bankofcanada.ca/1997/06/working-paper-1997-13/
A recent paper has suggested there might be a trade-off between inflation and unemployment at low inflation rates and this has led some economists to recommend that Canada increase its inflation rate.1997-06-01T11:01:10+00:00enWhat Does Downward Nominal-Wage Rigidity Imply for Monetary Policy?1997-06-01Inflation targetsMonetary policy frameworkMonetary policy transmissionWorking Paper 1997-13https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp97-13.pdfWhat Does Downward Nominal-Wage Rigidity Imply for Monetary Policy?Seamus HoganJune 1997CC5C52EE2E24E5E50