Deflation : Determinants, Risks, and Policy Options

Determinants, Risks, and Policy Options

Deflation : Determinants, Risks, and Policy Options
Deflation can be costly and difficult to anticipate, and concerns of a generalized decline in prices in both industrial and emerging market economies have increased recently. This paper investigates the causes and consequences of deflation, the risk of deflation globally and in individual countries, and policy options. The authors discuss issues... READ MORE...

Publication date: June 2003
ISBN 9781589062276
$25.00

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