Downward nominal-wage rigidity : micro evidence from tobit models / by Allan Crawford and Geoff Wright. : FB3-2/101-7E
The recent trend toward low and stable inflation in many countries has focused attention on the factors determining the optimal inflation rate for an economy. This subject is a pressing issue for inflation-targeting countries who must compare the costs and benefits of lower inflation when choosing the appropriate level for their target.--Introduction
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| Department/Agency | Bank of Canada. |
|---|---|
| Title | Downward nominal-wage rigidity : micro evidence from tobit models / by Allan Crawford and Geoff Wright. |
| Series title | Working paper1192-5434101-7 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Paper |
| Other formats | Electronic-[English] |
| Note(s) | "The recent trend toward low and stable inflation in many countries has focused attention on the factors determining the optimal inflation rate for an economy. This subject is a pressing issue for inflation-targeting countries who must compare the costs and benefits of lower inflation when choosing the appropriate level for their target."--Introduction. Résumés en français |
| Publishing information | Ottawa - Ontario : Bank of Canada 2001. |
| Binding | Softcover |
| Description | vi, 32p. : graphs, references, tables ; 28 cm. |
| ISSN | 1192-5434 |
| Catalogue number |
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| Subject terms | Wages Inflation Contracts |
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