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

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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
  • Working paper 1192-5434 101-7
Publication typeMonograph - View Master Record
Language[English]
FormatPhysical text
Other formatsDigital 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.
  • Résumés en français
Publishing information
  • Ottawa - Ontario : Bank of Canada 2001.
BindingSoftcover
Descriptionvi, 32p. : graphs, references, tables ; 28 cm.
ISSN1192-5434
Catalogue number
  • FB3-2/101-7E
Subject terms
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