Deflation und Konsumstau: Mikroökonomische Evidenz

Deflation is said to dampen aggregate demand because consumers would defer purchases while waiting for prices to fall further in the future. We explore the validity of this reasoning at the level of individual goods. Our findings suggest that the widespread concerns about impaired aggregate consumption by deflation might lack a sound microeconomic foundation

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Year of publication:	2014-07
Authors:	Henning Klodt ; Hartmann, Anna
Institutions:	Institut für Weltwirtschaft (IfW)
Subject:	Deflation \| postponed consumption \| consumer price statistics

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Series:	Kiel Working Papers.
Type of publication:	Book / Working Paper
Notes:	16 pages
Classification:	E31 - Price Level; Inflation; Deflation ; D12 - Consumer Economics: Empirical Analysis
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010887006