Deflation: Current and Historical Perspectives

by Richard C.K. Burdekin

Book Overview

No longer just a relic of the Great Depression, deflation has been established in China and Japan since the 1990s and currently threatens other major economies such as Germany and even the United States. This volume considers why deflation may be worse than inflation and explores how individuals and policymakers have responded to the phenomenon. Monetary and exchange rate regimes as well as stock market reactions play an important part in advancing,...

• Format: Paperback
• Language: English
• ISBN: 0521153565
• ISBN13: 9780521153560
• Release Date: June 2010
• Publisher: Cambridge University Press
• Length: 384 Pages
• Weight: 1.20 lbs.
• Dimensions: 0.8" x 6.0" x 9.0"