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Deflation in a historical perspective

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Author Info

  • Michael Bordo

    (Harvard University - Department of Economics)

  • Andrew Filardo

Abstract

On 18-19 June 2004, the BIS held a conference on "Understanding Low Inflation and Deflation". This event brought together central bankers, academics and market practitioners to exchange views on this issue (see the conference programme in this document). This paper was presented at the workshop. The views expressed are those of the author(s) and not those of the BIS.

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Bibliographic Info

Paper provided by Bank for International Settlements in its series BIS Working Papers with number 186.

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Length: 87 pages
Date of creation: Nov 2005
Date of revision:
Handle: RePEc:bis:biswps:186

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Related research

Keywords: deflation; economic history; monetary aggregates; monetary policy;

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References

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  1. Ben S. Bernanke & Vincent R. Reinhart, 2004. "Conducting Monetary Policy at Very Low Short-Term Interest Rates," American Economic Review, American Economic Association, vol. 94(2), pages 85-90, May.
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Cited by:
  1. Opening Speech by Masaaki Shirakawa, Governor of the Bank of Japan, 2011. "Bubbles, Demographic Change and Natural Disasters," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 29, pages 19-32, November.
  2. Faugere, Christophe, 2010. "Macrofoundations for A (Near) 2% Inflation Target," MPRA Paper 23491, University Library of Munich, Germany, revised 25 Jun 2010.

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