Deflation : Current and Historical Perspectives

Language: English

Published by Cambridge University Press, 2010

0521153565 / 9780521153560

Series: Book 14 of 49 - Studies in Macroeconomic History

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - 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.…

Seller Inventory # 9780521153560

Title
Deflation : Current and Historical Perspectives
Author
Richard C. K. Burdekin
Publisher
Cambridge University Press
Publication year
2010
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
0521153565
ISBN 13
9780521153560
Item weight
622 grams
Dimensions
229x152x23 mm
Series
Book 14 of 49: Studies in Macroeconomic History

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

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