Gagnon, Edith; Khan, Hashmat - Bank of Canada - 2001
Canada, the United States, and the euro area. Our structural results indicate that: (i) ignoring aggregation factors gives …-Douglas technology, particularly for Canada and the euro area; (iii) for Canada, the backward-looking component of inflation is quite … strong relative to the United States and the euro area; and (iv) the incorporation of open-economy considerations for Canada …