Deflation : determinants, risks, and policy options
著者
書誌事項
Deflation : determinants, risks, and policy options
(Occasional paper / International Monetary Fund, 221)
International Monetary Fund, 2003
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注記
Includes bibliographical references (p. 50-52)
内容説明・目次
内容説明
This paper presents the findings of an IMF task force set up to investigate issues related to the causes and consequences of deflation, as well as the the risks in individual economies and on a global scale. It focuses on four aspects: an analytical framework regarding the measurement, determinants, and costs of deflation; historical experiences of deflationary pressures in the nineteenth century and during the Great Depression, along with the recent experience of Japan and China; risk assessment issues; and policy options available.
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