| 000 | 00000nam##2200000za#4500 |
| 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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