Contessi, Silvio; Li, Li; De Pace, Pierangelo - In: Review 96 (2014) 3, pp. 267-294
the risk of deflation. However, the euro area is not the only economy navigating the risky waters of low inflation …. Several other advanced economies have recently experienced below-target inflation as well as some actual deflation. In this … article, the authors collect data for nine advanced economies and document several facts about the behavior of inflation …