In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). Inflation reduces the value of currency over time, but sudden deflation increases it. This allows more goods and services to be bought than before with the same amount of currency. Deflation is distinct from disinflation, a slow-down in the inflation rate, i.e. when inflation declines to a lower rate but is still positive.Economists generally believe that a sudden deflationary shock is a problem in a modern economy because it increases the real …



DIR: Daiwa Institute of Research Group · 21 November 2023 Japanese


日)における内閣府提出資料「デフレ脱却の定義と判断について」 20 IMF(2003) “Deflation : Determinants, Risks, and Policy Options – Findings MF、Bloomberg、 CEIC、Haver Analytics、IMF(2003)“Deflation : Determinants, Risks, and Policy Options – Findings

CSLS: Centre for the Study of Living Standards · 17 November 2023 English

84 Table 30: Sub-Industries of the Real Estate, Rental, and Leasing Industry [BS53] Real Value Added as a Share of the Real Estate, Rental, and Leasing Industry [BS53] Real Value …

avoid distortions from high price inflation or deflation. Labour productivity growth should only capture

Canada Council for the Arts · 16 November 2023 French

Présente les activités du Conseil des Arts du Canada au cours de l’exercice financier. Il porte sur les programmes des arts, les prix et les donations du Conseil. Le Conseil …

maisons et la crainte de l’inflation ou de la déflation ont continué de contri- buer au ralentissement des maisons; une crainte de l’inflation ou de la déflation; et une dépréciation de la devise canadienne

TPI: The Productivity Institute · 15 November 2023

However, the aggregate productivity of a region is the weighted average (typically by employment) of the productivity of the firms located in the region and not the simple average. [...] …

deflators for capital. For the UK we employ a double deflation method to deflate all monetary variables to constant

EPRS: European Parliamentary Research Service · 13 November 2023 English

followed by a decade of low inflation and occasional deflation since the onset of the 2008 Global Financial

NBER: National Bureau of Economic Research · 9 November 2023 English

We propose that the natural rate of unemployment has an active role in the business cycle, in contrast to the prevailing view that the rate is essentially constant. We demonstrate …

Flexible and May Result in a Burst of Inflation or Deflation,” Working Paper 31025, National Bureau of Economic

NBER: National Bureau of Economic Research · 9 November 2023 English

We document that the convenience yield of U.S. Treasuries exhibits properties that are consistent with a hedging perspective of safe assets. The convenience yield tends to be low when the …

variable inflation coupon, but in the event of deflation the inflation coupon payment is bounded below Sunderam, and Luis M. Viceira, “Inflation bets or deflation hedges? the changing risks of nominal bonds,”

PIIE: Peterson Institute for International Economics · 8 November 2023 English

The third event was the enactment of the Inflation Reduction Act (IRA) in the summer of 2022, which brought the issues of competitiveness and attractiveness sharply to the fore, as …

monetary policy focused on countering the risk of deflation. This long sequence – lasting for one-third of that a higher target would counter the risks of deflation and provide more room for relative price adjustment

CEPR: Centre for Economic Policy Research · 7 November 2023 English

There may for example be structural changes in the characteristics of the data such as the number of stocks in the universe and the degree of sector diversification. [...] 3.1 …

there were oscillating waves of inflation and deflation. Table 2. Centuries of Declining Nominal and Real Swinkels, and Pim van Vliet (2023). Investing in deflation, inflation, and stagflation regimes, Financial

UNODC: United Nations Office on Drugs and Crime · 6 November 2023 English

Until last year, the income from the manufacture and trafficking of heroin exceeded the income of farmers who cultivated opium by far, and the value of heroin exports alone has …

period, Afghanistan was experiencing economic deflation and its currency appreciated against foreign currency 2023 5 Period of economic Beginning of sowing deflation in period for 2023 Afghanistan in early 4 harvest

View more