On the nature and stability of the Canadian Phillips curve / by Maral Kichian. : FB3-2/101-4E-PDF
This paper empirically determines why, during the 1990s, inflation in Canada was consistently more stable than predicted by the fixed-coefficients Phillips curve. A time-varying-coefficient model, where all the parameters adjust simultaneously, shows that the behaviour of expectations was probably a major contributing factor.--Abstract
Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.571584&sl=1
| Ministère/Organisme | Bank of Canada. |
|---|---|
| Titre | On the nature and stability of the Canadian Phillips curve / by Maral Kichian. |
| Titre de la série | Bank of Canada working paper1701-93972001-4 |
| Type de publication | Série - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Format | Électronique |
| Document électronique | |
| Autres formats offerts | Papier-[Anglais] |
| Note(s) | "This paper empirically determines why, during the 1990s, inflation in Canada was consistently more stable than predicted by the fixed-coefficients Phillips curve. A time-varying-coefficient model, where all the parameters adjust simultaneously, shows that the behaviour of expectations was probably a major contributing factor."--Abstract. The ISSN (1192-5434) for the print edition has been incorrectly copied in this electronic publication. Résumé en français. |
| Information sur la publication | Ottawa - Ontario : Bank of Canada April 2001. |
| Description | 30p.graphs, references, tables |
| ISSN | 1701-9397 |
| Numéro de catalogue |
|
| Descripteurs | Inflation Prices Economic forecasting |
Demander des formats alternatifs
Pour demander une publication dans un format alternatif, remplissez le formulaire électronique des publications du gouvernement du Canada. Utilisez le champ du formulaire «question ou commentaire» pour spécifier la publication demandée.- Date de modification :