Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062694 | Economics Letters | 2006 | 6 Pages |
Abstract
Does deflation cause recession? We examine two separate data sets and find that though the relationship between deflation and recession is complicated, there is evidence of bidirectional Granger causality between the two, and also evidence that deflation lowers subsequent growth.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Federico Guerrero, Elliott Parker,