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The natural rate, scarring, cycles, shocks, persistence, and hysteresis / R. S. Preston ... [et al.].: EC12-4/1992-44E-PDF

"In this paper, we present a natural rate model that is disaggregated by age group, which in the aggregate produces pseudo hysteresis on a time scale, which leaves in doubt the validity of a policy of gap opening as a way to control inflation"--Introd., p. 3.

Permanent link to this Catalogue record:
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Publication information
Department/Agency
  • Economic Council of Canada.
TitleThe natural rate, scarring, cycles, shocks, persistence, and hysteresis / R. S. Preston ... [et al.].
Series title
  • Working paper (Economic Council of Canada) ; No. 44
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • Digitized edition from print [produced by the Publishing and Depository Services Directorate].
  • Includes bibliographic references.
Publishing information
  • [Ottawa] : Economic Council of Canada, 1992.
Descriptionv, 86 p. : charts.
Catalogue number
  • EC12-4/1992-44E-PDF
Subject terms
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