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in the risk balance throughout our evaluation period because of the implied amplification of deflation risks. We then …
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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 …
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