Search Results - subject:"Deflation"

Japan's chronic deflation : causes and consequences

Watanabe, Tsutomu - 2025

Persistent link: https://www.econbiz.de/10015443075

Inflation expectations, liquidity premia and global spillovers in Japanese bond markets

Christensen, Jens H. E.; Spiegel, Mark - 2024

Persistent link: https://www.econbiz.de/10014533476

Whatever it takes? : economic policymaking in China in the context of a possible deflationary spiral

Rixtel, Adrian A. R. J. M. van - 2025

Persistent link: https://www.econbiz.de/10015463701

Combating crises and deflation in China's central bank : modeling post-pandemic monetary policymaking

Burdekin, Richard C. K.; Siklos, Pierre L. - 2025

The monetary policy of the People's Bank of China (PBoC) during 2001-2023 is assessed in terms of Taylor and McCallum rules, as well as a proposed composite monetary policy rule. PBoC policy is found to be responsive to the gap between target and actual nominal GDP in the McCallum rule, as well...

Persistent link: https://www.econbiz.de/10015371222

Nonlinear estimation of a New Keynesian model with endogenous inflation de-anchoring

Hecker, Dominik; Wolters, Maik H. - 2025

We estimate a New Keynesian model that allows endogenous transitions between a target equilibrium, with inflation fluctuating around the central bank's target and interest rates typically positive, and a low-inflation equilibrium, where the effective lower bound binds and de-anchored...

Persistent link: https://www.econbiz.de/10015551146

Whither inflation targeting as a global monetary standard?

Borio, Claudio E. V. - 2024

Persistent link: https://www.econbiz.de/10015148010

Inflation Expectations and Spending: Evidence from an Experiment and Bank Transaction Data in Japan

Ueda, Kozo - 2024

Persistent link: https://www.econbiz.de/10015135806

Monetary policy rules and zero lower bound on nominal interest rates in a cost-channel economy

Pathberiya, Lasitha R. C. - In: Economic modelling 139 (2024), pp. 1-13

Persistent link: https://www.econbiz.de/10015189647

Losing the country : debt, deflation, and the rural rise of the Nazi party

Albers, Thilo N. H.; Kersting, Felix; Reiske, Monique - 2024

Using interwar German agriculture as a case, this paper explores the political cost of debt deflation which we … characterize with farmers' leverage ratios. Primary deficits drove their increase during 1924-1928, but deflation pushed them to … economic distress as well as political radicalization. Our results suggest that debt deflation increased the Nazi party's rural …

Persistent link: https://www.econbiz.de/10015573642

Central bank credibility during COVID-19 : evidence from Japan

Christensen, Jens H. E.; Spiegel, Mark - 2022

Persistent link: https://www.econbiz.de/10012807300