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...
| Hoofdauteur: | |
|---|---|
| Andere auteurs: | |
| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Reeks: | IMF Staff Position Notes; Staff Position Note ;
No. 2009/001 |
| Online toegang: | Full text available on IMF |