Mallik, Girijasankar; Chowdhury, Anis - University of Western Sydney; University of Western Sydney; … - 2002
, Spain, Sweden and the UK which have adopted a "formal" policy of low or zero inflation target. Using cointegration analysis …This paper examines the relationship between inflation and real income in Australia, Canada, Finland, New Zealand … and a vector error correction model (VECM), it is found that the long-run relationship between inflation and real income …