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Good versus Bad Deflation: Lessons from the Gold Standard Era

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NBER2004-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10329
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Deflation has had a bad rap, largely based on the experience of the 1930's when deflation was synonymous with depression. Recent experience with declining prices in Japan and China together with the concern over deflation in Europe and the United States has led to renewed attention to the topic of
提供机构:
美国国家经济研究局
创建时间:
2004-02-01
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