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inflation low and stable. The authors use the Bank of Canada’s 200203 price-setting survey data to investigate Canadian firms …
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for the U.S. This paper applies Kryvtsov and Midrigan's model to the case of Canada. The model predicts that if costs of …
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On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a conference on the theme of: "Monetary Policy after the Crisis". Following a call for papers with a large number of submissions, the scientific committee selected 9 papers, which...
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In many forward-looking macroeconomic models, such as the New Keynesian model, firms' expectations about the future play a key role in determining outcomes today. We examine this hypothesis using a novel panel dataset on firms actual and expected price changes collected by the Confederation of...
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