Deflation and depression
Subtitle: is there an empirical link?
By: Andrew Atkeson, Patrick Kehoe.
Contributors: Kehoe, Patrick J.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10268; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10268.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Deflation (Finance); Depressions.
Description: "Are deflation and depression empirically linked? No, concludes a broad historical study of inflation and real output growth rates.  Deflation and depression do seem to have been linked during the 1930s.  But in the rest of the data for 17 countries and more than 100 years, there is virtually no evidence of such a link"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 1/24/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.