Gauging Risks for Deflation /

This paper discusses deflation risks and policy options. The paper highlights that slumping collateral values have exacerbated the credit crunch, and monetary policy has lost effectiveness in stabilizing output. A model-based analysis for the G3 economies (United States, euro area, and Japan) also s...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Decressin, Jorg
Rannpháirtithe: Laxton, Douglas
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2009.
Sraith:IMF Staff Position Notes; Staff Position Note ; No. 2009/001
Rochtain ar líne:Full text available on IMF