Les Politiques d'Inflation Zero: La Vraie Cause de la Hausse Tendancielle du Chomage dans les Pays Occidentaux

Mario Seccareccia () and A. Parguez

Working Papers from University of Ottawa, Department of Economics

Abstract: The purpose of this paper is to offer an alternative explanation of the structural break in the time series on growth and unemployment in Canada and other Western countries since the mid-1970s. Unlike the traditional explanations provided by both neoclassical and radical economists that point primarily to structural changes in the labour market, our expansion rests on the shift in policy of centrl banks in favour of zero inflation.

Keywords: UNEMPLOYMENT; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: E24 O40 (search for similar items in EconPapers)
Pages: 22 pages
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:ott:wpaper:9709e

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