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On the nature and stability of the Canadian Phillips curve / by Maral Kichian.: FB3-2/101-4E-PDF

This paper empirically determines why, during the 1990s, inflation in Canada was consistently more stable than predicted by the fixed-coefficients Phillips curve. A time-varying-coefficient model, where all the parameters adjust simultaneously, shows that the behaviour of expectations was probably a major contributing factor.--Abstract

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.571584&sl=0

Publication information
Department/Agency
  • Bank of Canada.
TitleOn the nature and stability of the Canadian Phillips curve / by Maral Kichian.
Series title
  • Bank of Canada working paper 1701-9397 2001-4
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Other formatsPhysical text-[English]
Note(s)
  • "This paper empirically determines why, during the 1990s, inflation in Canada was consistently more stable than predicted by the fixed-coefficients Phillips curve. A time-varying-coefficient model, where all the parameters adjust simultaneously, shows that the behaviour of expectations was probably a major contributing factor."--Abstract.
  • 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 April 2001.
Description30p.graphs, references, tables
ISSN1701-9397
Catalogue number
  • FB3-2/101-4E-PDF
Subject terms
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