Academic research and policy makers in the Euro area are currently concerned with the threat of debt deflation and … secular stagnation in Europe. Empirical evidence seems to suggest that secular stagnation and debt deflation in the Euro area … may be rather slowly developing. Yet what appears as major peril is that debt deflation with a lack of economic growth …

We are seeking to understand the costs of deflation. To that end, we assess the extent to which deflationary risks have …, based on it, we estimate a(n) (in)deflation risk premium. We find that our aggregate risk premium is correlated with a …. We generally find that debt-deflation terms are statistically significant. Moreover, the magnitude of the coefficients …

This policy brief discusses the risks of deflation for the European economy. It critically evaluates the European … stimulate aggregate demand and move the European economy away from the brink of deflation …

study framework despite the short sample period from 2009 to 2013. Due to renewed fears of deflation we compare option …-implied and statistical density functions to gain insight into deflation risk. Inflation expectations show a decreasing mean but … influence of monetary policy announcements on inflation expectations diminished. Tail events such as deflation although still …

The economic meltdown since 2008-9 has created disinflation, and even deflation in some countries in the Euro-area, in … disinflation and deflation push up the real interest rate, while growth and income declines, the leveraging problem becomes more … feedback loops, given the debt deflation, we demonstrate the possibility of unstable dynamics and downward spirals in the …