Autore
Sau, Lino

Titolo
Debt Deflation Worries: a Restatement
Periodico
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper series
Anno: 2014 - Volume: 5 - Fascicolo: 9 - Pagina iniziale: 1 - Pagina finale: 21

There has recently been a marked increase in concern of debt deflation worries particularly in the euro zone. This is the second time in the past recent years that widespread interest about this relevant economic phenomenon has come to the fore, the first being during and in the aftermath of the Asian crisis and Japan great stagnation, and the second being after the current financial turmoil stemmed from the US and propagating later in Europe. After an overview of the relevant insights by the debt -deflation school in this paper I try to update these analysis and findings to understand the causes and consequences of nowadays debt deflation process.



Testo completo: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2014dip/wp_9_2014.pdf

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