• Title of article

    Deflation and recession: Finding the empirical link

  • Author/Authors

    Federico Guerrero، نويسنده , , Elliott Parker، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2006
  • Pages
    6
  • From page
    12
  • To page
    17
  • 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
    Recession , Price deflation , Granger causality , growth
  • Journal title
    Economics Letters
  • Serial Year
    2006
  • Journal title
    Economics Letters
  • Record number

    436036