Robert Amano - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T08:18:02+00:00The Micro and Macro of Downward Nominal Wage Rigidity
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The article examines the extent of downward nominal wage rigidity in Canada and its implications for monetary policy. The authors ask whether its existence is a sufficient argument for a higher inflation target if concerns about the effective lower bound are adequately addressed.2016-05-16T08:51:38+00:00enThe Micro and Macro of Downward Nominal Wage Rigidity2016-05-16