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1.
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In macro models, some form of price or wage stickiness is often needed in order to generate real effects from nominal disturbances. This paper examines the implications f[...]
1989 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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This paper addresses the following questions: How large are the output costs of disinflation in Canada? Are these costs temporary, as predicted by natural-rate models, or[...]
1990 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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The paper examines the hypothesis that high and variable inflation damages long-run macroeconomic performance. Empirical studies of this hypothesis are scarce despite num[...]
1992 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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The authors investigate the exogeneity of productivity changes in Canada using two different measures of such changes. This procedure can provide evidence on real busines[...]
1993 | Text | Staff Working Paper - Document de travail du personnel |
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5.
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This paper addresses the following questions: How large are the output costs of disinflation in Canada? Are these costs temporary, as predicted by natural-rate models, or[...]
1991 | Text | Technical Report - Rapport technique |
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6.
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This paper examines the predictive content of the term structure of interest rates for economic activity in Canada. Recent papers for the United States and other countrie[...]
1994 | Text | Staff Working Paper - Document de travail du personnel |
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7.
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This paper examines wage and price dynamics in Canada with a view towards testing the implications of a standard model of wage-price dynamics, according to which unit lab[...]
1991 | Text | Technical Report - Rapport technique |
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