Bericht
Understanding deflation: Treating the disease, not the symptoms
Most recent discussions of deflation seem to overlook the main dangers posed by a deflationary economy and appear to offer superficial solutions. In this brief, the authors argue that, barring drastic changes in asset and output prices, deflation itself is not the main problem, but rather the recessionary conditions that sometimes give rise to deflation. Whether or not prices are falling, the proper remedy for a recession is the Keynesian one: government deficit spending, used to finance useful programs and tax cuts. These measures will reduce unemployment, increase growth, and relieve deflationary pressures.
- ISBN
-
1931493243
- Sprache
-
Englisch
- Erschienen in
-
Series: Public Policy Brief ; No. 74
- Klassifikation
-
Wirtschaft
- Thema
-
Deflation
Konjunkturpolitik
Wirtschaftspolitik
Inflationsbekämpfung
USA
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wray, L. Randall
Papadimitriou, Dimitri B.
- Ereignis
-
Veröffentlichung
- (wer)
-
Levy Economics Institute of Bard College
- (wo)
-
Annandale-on-Hudson, NY
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Wray, L. Randall
- Papadimitriou, Dimitri B.
- Levy Economics Institute of Bard College
Entstanden
- 2003
Ähnliche Objekte (12)
Understanding deflation: treating the disease, not the symptoms
The financial crisis viewed from the perspective of the "social costs" theory
The Origins of Money and the Development of the Modern Financial System
The Fed and the new monetary consensus: The Case for Rate Hikes, Part Two
Is Keynesianism Institutionalist?: An Irreverent Overview of the History of Money from the Beginning of the Beginning to the Present
Global Financial Crisis: A Minskyan interpretation of the causes, the Fed's bailout, and the future
The ownership society: Social security is only the beginning ...
Outside money: The advantages of owning the magic porridge pot
The Development and Reform of the Modern International Financial System
The Case for Rate Hikes: Did the Fed Prematurely Raise Rates?
The euro crisis and the job guarantee: A proposal for Ireland
Waiting for the next crash: The Minskyan lessons we failed to learn
Understanding deflation: treating the disease, not the symptoms
The financial crisis viewed from the perspective of the "social costs" theory
The Origins of Money and the Development of the Modern Financial System
The Fed and the new monetary consensus: The Case for Rate Hikes, Part Two
Is Keynesianism Institutionalist?: An Irreverent Overview of the History of Money from the Beginning of the Beginning to the Present
Global Financial Crisis: A Minskyan interpretation of the causes, the Fed's bailout, and the future
The ownership society: Social security is only the beginning ...
Outside money: The advantages of owning the magic porridge pot
The Development and Reform of the Modern International Financial System
The Case for Rate Hikes: Did the Fed Prematurely Raise Rates?
The euro crisis and the job guarantee: A proposal for Ireland
Waiting for the next crash: The Minskyan lessons we failed to learn
Understanding deflation: treating the disease, not the symptoms
The financial crisis viewed from the perspective of the "social costs" theory
The Origins of Money and the Development of the Modern Financial System
The Fed and the new monetary consensus: The Case for Rate Hikes, Part Two
Is Keynesianism Institutionalist?: An Irreverent Overview of the History of Money from the Beginning of the Beginning to the Present
Global Financial Crisis: A Minskyan interpretation of the causes, the Fed's bailout, and the future
The ownership society: Social security is only the beginning ...
Outside money: The advantages of owning the magic porridge pot
The Development and Reform of the Modern International Financial System
The Case for Rate Hikes: Did the Fed Prematurely Raise Rates?
The euro crisis and the job guarantee: A proposal for Ireland