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New Phillips Curve with Alternative Marginal Cost Measures for Canada, the United States, and the Euro Area
Gagnon, Edith ; Khan, Hashmat
Recent research on the new Phillips curve (NPC) (e.g., Galí, Gertler, and López-Salido 2001a) gives marginal cost an important role in capturing pressures on inflation. I[...]
2001 | Text | Staff Working Paper - Document de travail du personnel |
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