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 …

In the following text we will analyze the problems stemming from incorrect definitions of inflation and deflation ….Then we will put forth a taxonomy of deflation, which will enable us to abandon the confused quot;macroquot; view of the … deflation issue and to show the flawed comparison between two evils: the smaller one - inflation, and the bigger one - deflation …

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 …