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We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework, an aging population …
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. By contrast, Japan in the 1990s and 2000s bears no resemblence to it. Here, both empirically and theoretically, deflation …This paper deals with the relationship between deflation and economic growth. Although there are numerous theories on … the potential effects of deflation on real output, empirical evidence in this field is still scarce and partial. In order …
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This paper introduces a global database that contains inflation series: (i) for a wide range of inflation measures (headline, food, energy, and core consumer price inflation; producer price inflation; and gross domestic product deflator changes); (ii) at multiple frequencies (monthly, quarterly...
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