Determinants of Deflation in Hong Kong SAR

Determinants of Deflation in Hong Kong SAR
This paper presents a comprehensive econometric analysis of the determinants of deflation in Hong Kong SAR. The analysis helps to determine the relative contributions of factors such as increased productivity, scarce money supply, and excess capacity in determining deflation. The main conclusion is that the effects of permanent shocks, such as READ MORE...

Publication date: December 2003
ISBN 9781451875911
$15.00

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