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Top of the ninth: should we accept the conventional wisdom about deflation?

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  • Gary H. Stern

Abstract

Gary Stern agrees that the probability of deflation is low but questions the notion that deflation would necessarily have severe consequences.

Suggested Citation

  • Gary H. Stern, 2003. "Top of the ninth: should we accept the conventional wisdom about deflation?," The Region, Federal Reserve Bank of Minneapolis, vol. 17(Sep), pages 2-6.
    • Handle: RePEc:fip:fedmrr:y:2003:i:sep:p:2-6:n:v.17no.3
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    File URL: http://minneapolisfed.org/publications_papers/pub_display.cfm?id=3354
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    Cited by:

    1. Beckworth, David, 2007. "The postbellum deflation and its lessons for today," The North American Journal of Economics and Finance, Elsevier, vol. 18(2), pages 195-214, August.

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    Keywords

    Deflation (Finance);

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