Fritsche, Ulrich; Tarassow, Artur - In: Intereconomics : review of European economic policy 50 (2015) 3, pp. 165-170
Recent price developments in the euro area demonstrate that deflation is a serious issue of concern. Some euro area countries are already facing a deflation in the usual macroeconomic sense of a 'general price decline'. This article discusses the economic consequences of deflation and suggests...
