Product Description: Readers discover what deflation is in global and national economies through accessible, easy-to-understand terms. They also learn how deflation is measured as well as how rises and falls in the Gross Domestic Product describe expansions and downturns in the economy...read more

Product Description: Topics discussed in this compilation include the Phillips curve model and inflation forecasting; inflation targeting and central bank policymaking; market-based measures of inflation expectations in the Euro area and inflation convergence in the context of EMU participation.

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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...read more

An analysis of the benefits and consequences of deflation considers the possible link between significant historical deflation and the Great Depression, citing the causes of deflation while arguing for controlled and moderate deflation as a natural part of the economic cycle. Reprint. 10,000 first printing.

Product Description: 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...read more

Product Description: This work examines the role money and debt play in our economy. It shows why we went from the gold standard to fiat money, why that led to increasing inflation up to 1980, and why inflation has receded since 1980. In addition, it explains how today's economic problems arose, why governments cannot solve those problems, and where those problems will lead us...read more (view table of contents, read Amazon.com's description)