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001 | 9.578632 |
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003 | CaOODSP |
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005 | 20211126112845 |
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007 | cr ||||||||||| |
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008 | 150406|2000||||xxc|||||o f|0| 0 eng|d |
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022 | |a1701-9397 |
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040 | |aCaOODSP|beng |
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043 | |an-cn--- |
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086 | 1 |aFB3-2/100-12E-PDF |
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110 | 2 |aBank of Canada. |
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245 | 10|aPrice stickiness, inflation, and output dynamics : |h[electronic resource]|ba cross-country analysis / |cby Hashmat Khan. |
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260 | |aOttawa - Ontario : |bBank of Canada |cJuly 2000. |
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300 | |a56p.|bfigs., graphs, references, tables |
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490 | 1 |aBank of Canada working paper|x1701-9397|v2000-12 |
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500 | |a"This paper investigates a key implication of the sticky-price model of business cycle that is designed to explain the observed persistence in output fluctuations around its long-run growth path. A prediction of this model is that a higher trend inflation rate will increase the frequency of price adjustment and thereby inversely affect the persistence in deviations of output from its trend. Therefore, countries with a high trend inflation rate should have less-persistent output fluctuations. The characteristics of the data set available to examine this hypothesis raise several implementation issues. This paper focuses on those issues in a manner that is consistent with the theoretical framework of the model."--Concluding remarks. |
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500 | |aThe ISBN (0-662-29132-8) for the print edition has been incorrectly copied in this electronic publication. |
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520 | 3 |aThis paper investigates a key implication of the sticky-price model of business cycle that is designed to explain the observed persistence in output fluctuations around its long-run growth path. A prediction of this model is that a higher trend inflation rate will increase the frequency of price adjustment and thereby inversely affect the persistence in deviations of output from its trend. Therefore, countries with a high trend inflation rate should have less-persistent output fluctuations. The characteristics of the data set available to examine this hypothesis raise several implementation issues. This paper focuses on those issues in a manner that is consistent with the theoretical framework of the model.--Concluding remarks |
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546 | |aRésumé en français |
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590 | |a14-03-Supp|b2014-01-17 |
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690 | 07|aInflation|2gcpds |
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690 | 07|aPrices|2gcpds |
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690 | 07|aExchange rates|2gcpds |
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776 | 0#|tPrice stickiness, inflation, and output dynamics : |w(CaOODSP)9.615242 |
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830 | #0|aWorking paper (Bank of Canada)|x1701-9397|v2000-12|w(CaOODSP)9.504604 |
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856 | 40|ahttp://publications.gc.ca|qPDF|s350 KB|uhttps://publications.gc.ca/collections/collection_2014/banque-bank-canada/FB3-2-100-12-eng.pdf|y2000-12 |
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