Deflation: Current and Historical Perspectives

Lingua: inglese

Editore: Cambridge University Press, 2010

0521153565 / 9780521153560

Serie: Libro 14 di 49 - Studies in Macroeconomic History

Da: World of Books Inc, Montgomery, IL, U.S.A.World of Books Inc

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Descrizione dell’articolo da parte del venditore

This book was originally published in 2004. Fears of deflation seemed nothing more than a relic of the Great Depression. However, beginning in the 1990s, persistently falling consumer prices have emerged in Japan, China and elsewhere. Deflation is also a distinct possibility in some of the major European area economies, especially Germany, and emerged as a concern of the US Federal Reserve in 2003. Deflation may be worse than inflation not only because the real burden of debt rises but also because firms would confront rising real wages in a world where nominal wage rigidity prevails. This volume explores some key themes regarding deflation including: (i) how economic agents and policy makers have responded to deflation, (ii) the links between monetary policy, goods price movements, and asset price movements, (iii) the impact of deflation under different monetary policy and exchange rate regimes, and (iv) stock market reactions to deflation.

Codice articolo CIN0521153565VG

Titolo
Deflation: Current and Historical Perspectives
Autore
Richard C K Burdekin
Editore
Cambridge University Press
Anno di pubblicazione
2010
Condizione
Very Good
Rilegatura
Paperback
Lingua
inglese
ISBN 10
0521153565
ISBN 13
9780521153560
Serie
Libro 14 di 49: Studies in Macroeconomic History

World of Books Inc

Montgomery, IL, U.S.A.

Venditore con 4 stelle

Venditore AbeBooks dal 23 marzo 2026

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ArticoloDa 4 a 12 giorni lavorativiDa 3 a 6 giorni lavorativi
Primo articoloEUR 0,00EUR 9,63
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