Deflation : Determinants, Risks, and Policy Options /

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,...

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Bibliografiska uppgifter
Huvudupphovsman: Baig, Taimur
Övriga upphovsmän: Decressin, Jorg, Feyzioglu, Tarhan, Kumar, Manmohan
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2003.
Serie:Occasional Papers; Occasional Paper ; No. 2003/003
Länkar:Full text available on IMF
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245 1 0 |a Deflation :   |b Determinants, Risks, and Policy Options /  |c Taimur Baig, Jorg Decressin, Tarhan Feyzioglu, Manmohan Kumar. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2003. 
300 |a 1 online resource (63 pages) 
490 1 |a Occasional Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. The authors discuss issues related to the measurement, determinants, and costs of deflation and examine previous episodes of deflation. They compute an index of deflation vulnerability, which they apply to the 35 largest industrial and emerging market economies. Finally, the paper offers several policy options for protecting against deflation and for coping with it should it strike. 
538 |a Mode of access: Internet 
700 1 |a Decressin, Jorg. 
700 1 |a Feyzioglu, Tarhan. 
700 1 |a Kumar, Manmohan. 
830 0 |a Occasional Papers; Occasional Paper ;  |v No. 2003/003 
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