Hidden Bibliographic Details
| Other authors / contributors: | Baig, Taimur.
Decressin, Jörg.
Faulkner-MacDonagh, Chris.
Feyzioglu, Tarhan.
Kumar, Manmohan S.
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| ISBN: | 1451932510
9781451932515
1589062272
9781589062276
1462392563
9781462392568
1452754365
9781452754369
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| Notes: | Includes bibliographical references (pages 50-52).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2019.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2019 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | 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 related to the measurement, determinants, and costs of deflation and examine previous episodes of deflation. They compute an index of deflation vulnerability, which they apply to the 35 largest industrial and emerging market economies. Finally, the paper offers several policy options for protecting against deflation and for coping with it should it strike.
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| Other form: | Print Version: 9781451932515
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