Deflation

WORLD MIGRATION EDUCATION TOOLKIT The opinions expressed in the report are those of the authors and do not necessarily reflect the views of the International Organization for Migration (IOM). [...] …

migrants, even though unemployment rates and wage deflation are the result of State economic policies and …

providing enough scope to reduce the risk of deflation; 20. Supports the ECB’s decision to scale back …

This paper proposes a new method for estimating a full-coverage spatial price index using data typically available in household budget surveys. The food component of the index is estimated at …

introduces a theoretical framework for spatial deflation based on ratios among poverty lines. Section 3 … estimation methods. Section 5 concludes. 2 Spatial deflation, poverty lines, and poverty measurement: A theoretical … poverty measurement: one based on the spatial deflation of expenditures relative to a national poverty … Silvia Redaelli, and Giovanni Vecchi. 2024. “Deflation by Expenditure Components: A Harmless Adjustment … 2017. “Prices, Engel Curves, and Time-Space Deflation: Impacts on Poverty and Inequality in Vietnam …

The impacts of climate change on developing economies are becoming increasingly severe, creating challenges for risk management and requiring enhanced levels of resilience. This paper explores how to mitigate the …

disaster’s negative output shock and causes deflation (relative to baseline). Lowering government consumption …

We append the expectation of a monetary-fiscal reform into a standard New Keynesian model. If a reform occurs, monetary policy will temporarily aid debt sustainability through a temporary burst in …

23This would amount to an instantaneous debt deflation. The above observation implies that a classical … (2023).17 Solution without instantaneous debt deflation. Following D´avila and Schaab (2023), we consider … optimal to promise a sufficiently long period of deflation that brings the price level back to its pre-shock …

This paper presents a unified framework to explain three major economic downturns: the U.S. Great Depression, the U.S. Great Recession, and Japan’s Long Recession. Temporary economic disruptions, such as banking …

stability point A. This results in deflation ( PS P∗ < 1). Deflation occurs at point D because, with the … rate of interest results in a combination of deflation and output drop, if expectation about the future … inflation differs across the two episodes. While deflation reached 10% per year in 1932 during the Great …

For example, for the United States the contribution of the common component fell from around 60% during the high-inflation years – up to the mid-1990s – to around 20% in …

should get over the knee-jerk fear of deflation: the view that deflation is always everywhere associated with … Quarterly Review, March. Feldstein, M (2015): “The deflation bogeyman” Project Syndicate, 25 February. Manopimoke …

In standard New Keynesian models, future interest rate cuts have larger effects than current cuts—this is called the forward guidance puzzle. We argue that the forward guidance puzzle is not …

Prices During the Great Depression: Was the Deflation of 1930-1932 Really Unanticipated? The American … Economics 102, 1–23. Hamilton, J. D. (1992). Was the Deflation During the Great Depression Anticipated? Evidence …

This paper proposes a new method for estimating a full-coverage spatial price index using data typically available in household budget surveys. The food component of the index is estimated at …

introduces a theoretical framework for spatial deflation based on ratios among poverty lines. Section 3 … estimation methods. Section 5 concludes. 2 Spatial deflation, poverty lines, and poverty measurement: A theoretical … poverty measurement: one based on the spatial deflation of expenditures relative to a national poverty … Silvia Redaelli, and Giovanni Vecchi. 2024. “Deflation by Expenditure Components: A Harmless Adjustment … 2017. “Prices, Engel Curves, and Time-Space Deflation: Impacts on Poverty and Inequality in Vietnam …

This study uses nighttime lights to examine the evolution of economic activity in Afghanistan after the August 2021 regime change. A year later, nighttime luminosity had dropped by 20 percent, …

Development Update: Navigating economic recession and deflation. April 2024. Washington DC: The World Bank.25 …