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008230919t20232023oncd    ob   f|0| 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
041 |aeng|beng|bfre
043 |an-cn---
0861 |aFB3-5/2023-30E-PDF
1001 |aLiu, Chang, |eauthor.
24510|aUnderstanding inflation dynamics : |bthe role of government expenditures / |cby Chang Liu and Yinxi Xie.
264 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2023.
264 4|c©2023
300 |a1 online resource (ii, 50 pages) : |bcharts.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = Document de travail du personnel, |x1701-9397 ; |v2023-30
500 |a"Last updated: June 9, 2023."
504 |aIncludes bibliographical references.
520 |a"This paper studies the impact government expenditure has on inflation by examining an augmented Phillips curve implied from a structural New Keynesian model. Our estimation results, based on external instruments, show that the augmented Phillips curve has a flatter slope than the canonical specification and that government expenditure has a negative coefficient"--Abstract.
546 |aIncludes abstract in French.
650 0|aInflation (Finance)
650 0|aExpenditures, Public.
650 6|aInflation.
650 6|aDépenses publiques.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2023-30.|w(CaOODSP)9.806221
85640|qPDF|s975 KB|uhttps://publications.gc.ca/collections/collection_2023/banque-bank-canada/FB3-5-2023-30-eng.pdf