E3 - Prices, Business Fluctuations, and Cycles

• Survey of Price-Setting Behaviour of Canadian Companies

  Staff Working Paper 2006-35 David Amirault, Carolyn Kwan, Gordon Wilkinson

  In many mainstream macroeconomic models, sticky prices play an important role in explaining the effects of monetary policy on the economy.

  Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices, Monetary policy transmission JEL Code(s): D, D4, D40, E, E3, E30, L, L1, L11

• The Macroeconomic Effects of Non-Zero Trend Inflation

  Staff Working Paper 2006-34 Robert Amano, Steve Ambler, Nooman Rebei

  The authors study the macroeconomic effects of non-zero trend inflation in a simple dynamic stochastic general-equilibrium model with sticky prices.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Economic models, Inflation and prices, Inflation targets JEL Code(s): E, E2, E24, E3, E32