Journal Article

Issues in economics: what is the cost of deflation?


Abstract: A steady decline in the core rate of inflation over the past few years has prompted the question: What are the economic consequences when the inflation rate drops below zero?

Keywords: Deflation (Finance);

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Regional Review

Publication Date: 2004

Issue: Q 4 2003 / Q1 2004

Pages: 2-5