This study attempts to analyze Canada’s inflation target with a specific focus on determining the unemployment cost of their inflation target. It is hypothesized that Canada’s move towards decreased inflation results in an unemployment cost that potentially outstrips the benefits associated with price stability.
Recommended CitationGallagher '04, Robbie (2004) "The Unemployment Cost of Canada’s Inflation Target: A Phillips Curve Analysis," The Park Place Economist: Vol. 12
Available at: http://digitalcommons.iwu.edu/parkplace/vol12/iss1/14