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Downward nominal-wage rigidity : micro evidence from Tobit models / by Allan Crawford and Geoff Wright.: FB3-2/101-7E-PDF

The recent trend toward low and stable inflation in many countries has focused attention on the factors determining the optimal inflation rate for an economy. This subject is a pressing issue for inflation-targeting countries who must compare the costs and benefits of lower inflation when choosing the appropriate level for their target.--Introduction

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Publication information
Department/Agency
  • Bank of Canada.
TitleDownward nominal-wage rigidity : micro evidence from Tobit models / by Allan Crawford and Geoff Wright.
Series title
  • Bank of Canada working paper 1701-9397 2001-7
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Other formatsPhysical text-[English]
Note(s)
  • "The recent trend toward low and stable inflation in many countries has focused attention on the factors determining the optimal inflation rate for an economy. This subject is a pressing issue for inflation-targeting countries who must compare the costs and benefits of lower inflation when choosing the appropriate level for their target."--Introduction.
  • The ISSN (1192-5434) for the print edition has been incorrectly copied in this electronic publication.
  • Résumé en français.
Publishing information
  • Ottawa - Ontario : Bank of Canada May 2001.
Description41p.graphs, references, tables
ISSN1701-9397
Catalogue number
  • FB3-2/101-7E-PDF
Subject terms
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