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Deflation and recession: Finding the empirical link

Article ID Journal Published Year Pages File Type
5062694 Economics Letters 2006 6 Pages PDF
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.
Keywords
E58E42E31N10GrowthRecessionGranger causality
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Deflation and recession: Finding the empirical link
Authors
Federico Guerrero, Elliott Parker,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
E58
E42
E31
N10
Growth
Recession
Granger causality
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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