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In Canada, targeting the inflation rate was intended as a temporary measure on a journey to price-level stability, but … account, changing beliefs about the stability or otherwise of ongoing inflation, the capacity of a flexible exchange rate to … inflation targeting arrived on the scene only after the Canadian regime was well established. …
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a 'degree-inflation,' measured by the proportion of a highly educated workforce performing unskilled tasks (i.e., cross … inflation. The quantitative analysis using the Canadian data indicates that degree inflation has eroded a substantial portion of …
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