Risks of deflation versus risks of excessive inflation in Europe

Artikel

Economists are currently divided over the question of what represents a more immediate threat to the global economy - deflation or excessive infl ation. Using stochastic simulations, this article extrapolates the likely inflation rates in individual European countries and the euro area as a whole. The results indicate that as the financial crisis continues to subside, policymakers should be vigilant about expeditiously rolling back the unconventional monetary policy measures implemented during the crisis.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 45 ; Year: 2010 ; Issue: 4 ; Pages: 255-260 ; Heidelberg: Springer

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Barrell, Ray ; Fic, Tatiana
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2010

Further information

• DOI: doi:10.1007/s10272-010-0344-5
• Handle: http://hdl.handle.net/10419/66541
• Last update: 10.03.2025, 11:44 AM CET