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. Further sections examine specialized topics of the economics of deflation; including wage rigidities, the liquidity trap, and the zero lower bound ...
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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. Further sections examine specialized topics of the economics of deflation; including wage rigidities, the liquidity trap, and the zero lower bound of interest rates. A selection of important case studies of economies in deflation completes this comprehensive collection.
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Add this copy of The Economics of, Volume 1 Only to cart. $45.00, very good condition, Sold by Common Crow Books rated 5.0 out of 5 stars, ships from Pittsburgh, PA, UNITED STATES, published 2005 by Edward Elgar Publishing.
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Near Fine. No Jacket. Volume 1 only. 628 pp. A near fine copy in blue cloth. No dust jacket. Minor edgewear to boards. Eraseable pencil notes on title page and chapter headers, otherwise contents are clean with bright, unmarked text.
Add this copy of The Economics of Deflation 2 Vol Set to cart. $447.59, new condition, Sold by discount_scientific_books rated 5.0 out of 5 stars, ships from Sterling Heights, MI, UNITED STATES, published 2005 by Edward Elgar Publishing.
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