The Economics of Deflation (International Library of Critical Writings in Economics) |  | Author: Pierre L. Siklos
Publisher: Edward Elgar Publishing
Category: Book
List Price: $610.00
Buy New: $403.30
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Seller: ABE MARKETING
Sales Rank: 2,527,217
Media: Hardcover
Pages: 1256
Number Of Items: 1
Shipping Weight (lbs): 5.5
Dimensions (in): 10.2 x 6.9 x 4.1
ISBN: 1843766345
Dewey Decimal Number: 332.41
EAN: 9781843766346
ASIN: 1843766345
Publication Date: November 2005
Availability: Usually ships in 1-2 business days
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Product Description
This collection of seminal papers examines how economies behave under deflationary conditions. The volumes cover both theoretical and empirical aspects of this important subject. The editor presents articles exploring whether, and under what conditions, deflation can lead to beneficial economic outcomes, and also articles emphasizing that deflation should be avoided at all costs. Further sections examine specialized topics of the economics of deflation including wage rigidities, the liquidity trap, and the zero lower bound of interest rates. A selection of important case studies of economies in deflation completes this comprehensive collection.
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