The relationship between changes in the stock of money and changes in output and prices : Canada 1954-1969 / by John L. Scadding, Stanford University.: RG33-16/1973-PDF
"In almost all discussions of the problem of combatting inflation, there is the idea, even if it is only implicit, that some sacrifice of output and employment is necessary to lower the rate of price increase. At its crudest level, this idea takes a theological cast: the greater the sin, i.e., the higher the rate of inflation, the greater the price of atonement, in this case, lost production and jobs. At the (perhaps) opposite end of the intellectual spectrum, this idea of a trade-off is enshrined in the observed relationship known as the Phillips Curve"--Introduction, page 1.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.895995&sl=0
| Department/Agency | Canada. Prices and Incomes Commission, issuing body. |
|---|---|
| Title | The relationship between changes in the stock of money and changes in output and prices : Canada 1954-1969 / by John L. Scadding, Stanford University. |
| Variant title | Rapport entre les variations de la masse monétaire et les fluctuations de la production et les prix au Canada (1954-1969) Masse monétaire production et prix (1954-1969) Changes in the stock of money and output and prices : 1954-1969 |
| Publication type | Monograph |
| Language | Bilingual-[English | French] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "November 1972." Digitized edition from print [produced by Privy Council Canada]. Title on added title page: Rapport entre les variations de la masse monétaire et les fluctuations de la production et les prix au Canada (1954-1969). Includes bibliographical references. Introduction -- A Structural Model -- The Relationship between Money, Prices and Output -- Estimation Results -- Summary and Conclusions -- Appendix, Formal Properties of the Model -- References. Text in English and French with separate title pages. |
| Publishing information | Ottawa : Prices and Incomes Commission : Information Canada, 1973. |
| Author / Contributor | Scadding, John L., author. |
| Description | 1 online resource (1 volume (various pagings)) : illustrations |
| Catalogue number |
|
| Subject terms | Inflation (Finance) -- Canada. Economic development -- Canada -- Mathematical models. |