present is that the rapid decline in inflation in many countries in recent months will turn into deflation with highly adverse … real economic developments.2 This background paper considers how large the risk of deflation may be and discusses what … opacity of complex financial products; the excessive confidence in ratings; weak risk management by financial institutions …

. This was a period of very low inflation. The rate of growth in the aggregate price level was occasionally very close to … inflation. The declining prices cannot, however, be explained by lack of demand or any generalized deflationary tendencies … develops a new method for looking at the composition of inflation and illustrating how relative price dynamics interact with …

-- Chapter 6. Inflation Dynamics and Monetary Policy in Taiwan -- Chapter 7. Why has there been no Inflation in Japan? -- Chapter … detail about the individual forces and effects of deflation and inflation and compares the Asian experience with that of the … Mirages of Hedonics: Quantitative Analysis of Technological Innoation Contained in Inflation Rates -- Chapter 3. Unravelling …

The popularity of inflation targeting has risen in the last decade and the number of countries that adopted inflation … targeting as their monetary policy framework surpassed 40 by the end of 2016. This study analyzes whether inflation targeting … around the world has been successful in terms of achieving the announced target and keeping inflation rate around it. We …