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Non-linearities in the output-inflation relationship : some empirical results for Canada / by Chantal Dupasquier and Nicholas Ricketts. : FB3-2/98-14E-PDF

This paper analyzes the short-run dynamic process of inflation in Canada and examines whether a systematic variation in the relationship between inflation and output can be detected over time.... Evidence for four different types of asymmetry is presented in the context of shot-run Phillips curves estimated in a state-space framework. The results suggest that there is significant time variation in the trade-off in Canada, but that it is difficult to distinguish definitively among the possible models generating the non-linearity.--Abstract

Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.571677&sl=1

Renseignements sur la publication
Ministère/Organisme
  • Bank of Canada.
TitreNon-linearities in the output-inflation relationship : some empirical results for Canada / by Chantal Dupasquier and Nicholas Ricketts.
Titre de la série
  • Bank of Canada working paper 1701-9397 98-14
Type de publicationMonographie - Voir l'enregistrement principal
Langue[Anglais]
FormatTexte numérique
Document électronique
Autres formats offertsTexte matériel-[Anglais]
Note(s)
  • "This paper analyzes the short-run dynamic process of inflation in Canada and examines whether a systematic variation in the relationship between inflation and output can be detected over time.... Evidence for four different types of asymmetry is presented in the context of shot-run Phillips curves estimated in a state-space framework. The results suggest that there is significant time variation in the trade-off in Canada, but that it is difficult to distinguish definitively among the possible models generating the non-linearity."--Abstract.
  • The ISBN (0-662-27166-1) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication.
  • Bibliography.
  • Résumé en français.
Information sur la publication
  • Ottawa - Ontario : Bank of Canada August 1998.
Description31p.graphs, tables
ISSN1701-9397
Numéro de catalogue
  • FB3-2/98-14E-PDF
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