Autore:
Sau, Lino
Titolo:
Debt Deflation Worries: a RestatementPeriodico:
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper seriesAnno:
2014 - Volume:
5 - Fascicolo:
9 - Pagina iniziale:
1 - Pagina finale:
21There 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.
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