Deflation in a Historical Perspective

87 Pages Posted: 20 Sep 2007  

Michael D. Bordo

Harvard University - Department of Economics; National Bureau of Economic Research (NBER)

Andrew J. Filardo

Bank for International Settlements (BIS) - Monetary and Economic Department

Date Written: November 2005

Abstract

On 18-19 June 2004, the BIS held a conference on "Understanding Low Inflation and Deflation". This event brought together central bankers, academics and market practitioners to exchange views on this issue (see the conference programme in this document). This paper was presented at the workshop. The views expressed are those of the author(s) and not those of the BIS.

Keywords: deflation, monetary policy, economic history, monetary aggregates

JEL Classification: E31, N10

Suggested Citation

Bordo, Michael D. and Filardo, Andrew J., Deflation in a Historical Perspective (November 2005). BIS Working Paper No. 186. Available at SSRN: https://ssrn.com/abstract=860404 or http://dx.doi.org/10.2139/ssrn.860404

Michael D. Bordo (Contact Author)

Harvard University - Department of Economics ( email )

Littauer Center
Cambridge, MA 02138
United States

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Andrew J. Filardo

Bank for International Settlements (BIS) - Monetary and Economic Department ( email )

Centralbahnplatz 2
CH-4002 Basel
Switzerland

Paper statistics

Downloads
536
Rank
40,782
Abstract Views
2,538