Journal Article
Deflation and the Fisher equation
Abstract: So, according to Irving Fisher, one reason to worry about deflation is that the federal funds rate is expected to be held near zero as the economy grows out of this recession.
Keywords: Equilibrium (Economics); Deflation (Finance);
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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/10/ES1027.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2010
Order Number: 27