uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada … developed an integral technique similar to CUSUM using an empirical model quantitatively linking the rate of inflation and …

variability in Canada from 1961:1 to 1995:4. Despite the substantial variation in inflation over this period, we find little … sectoral output. This paper therefore examines the relationship between the level of inflation and sectoral output growth …

In this chapter, Don Drummond makes the case that with large deficits there was little room for the Bank of Canada to … argues that the elimination of the deficit has reduced risk premia and allowed the Bank of Canada to bring interest rates …

in Canada, Fortin lays the blame for the inferior economic performance of the Canadian economy relative to the U ….S. economy squarely on the back of the Bank of Canada, and dismisses structural explanations of the recession as lacking an …

Most studies find that relative price variability (RPV) is a U-shaped or V-shaped function of anticipated inflation …, and a V-shaped function of unanticipated inflation. One exception is Reinsdorf (1994), who finds that RPV in the United … States during the 1980s recession was monotonically decreasing in unanticipated inflation. We suggest a reason for this …

links between monetary policy and the economic well-being of Canadians. The Bank of Canada economists do admit that tight …

The Canadian economy experienced an increasing rate of inflation during the last half of the 1960s.The latter part of …

This study identifies the ways that inflation has had a financial impact on the Canadian business sector. It also … contains an estimation of the magnitude of each of these effects of inflation by industrial sector for the years 1965 …-1974. These individual effects are then aggregated to determine the overall impact of inflation on the income and tax payments of …

the information and communications technology sector to productivity growth in Canada and the United States; the Irish … productivity levels in manufacturing; productivity trends in the construction sector in Canada; and a review of Angus Maddison …