In Defense of Deflation: Financial and Monetary Policy Studies, cartea 41
Autor Philipp Bagusen Limba Engleză Hardback – 15 ian 2015
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Specificații
ISBN-13: 9783319134277
ISBN-10: 3319134272
Pagini: 280
Ilustrații: XVII, 215 p. 14 illus.
Dimensiuni: 155 x 235 x 20 mm
Greutate: 0.51 kg
Ediția:2015
Editura: Springer International Publishing
Colecția Springer
Seria Financial and Monetary Policy Studies
Locul publicării:Cham, Switzerland
ISBN-10: 3319134272
Pagini: 280
Ilustrații: XVII, 215 p. 14 illus.
Dimensiuni: 155 x 235 x 20 mm
Greutate: 0.51 kg
Ediția:2015
Editura: Springer International Publishing
Colecția Springer
Seria Financial and Monetary Policy Studies
Locul publicării:Cham, Switzerland
Public țintă
ResearchCuprins
Introduction.- Economic Theories of Deflation.- Causes of Deflation.- Consequences and Myths Concerning Deflation.- Two Historical Examples of Deflation.- Conclusion.
Textul de pe ultima copertă
This book analyses the causes and consequences of deflation. In contrast to the widespread believe that deflation would be harmful to the economy as a whole, the author argues that free market deflation is liberating and beneficial. Several myths of deflation are exposed and the reasons for the widespread deflation phobia that serves to justify expansionary monetary policy, i.e., inflation are investigated. Two historical case studies, the growth deflation in the US after the Civil War and the bank credit deflation in Germany during the Great Depression are discussed to illustrate the points made in the theoretical analysis of deflation.
Caracteristici
Analyses and explains the consequences of price deflation Exposes the myths about deflation and explains the reasons for the deflation phobia Offers a new interpretation of the US deflation in the second half of the 19th century and the German deflation during the Great Depression Includes supplementary material: sn.pub/extras