DEFLATION AND AN ECONOMIC CRISIS - ANALYSIS USING AN INDEX OF DEFLATION VULNERABILITY (Deflacja i kryzys gospodarczy - analiza z wykorzystaniem miernika ryzyka deflacyjnego)

• Authors: Blaszczyk Pawel
• Languages of publication: PL

Abstracts

EN

The main aim of the article is to present the phenomenon of deflation and its connection with depression. The detailed aim is the answer to the question to what extent the current economic crisis causes threats of deflation in Poland. This study consists of four main parts. In the first, the phenomenon of deflation is presented - its definition, types and costs. In the second, the connection between deflation and depression is outlined - its theoretical and empirical aspects. In the third part, an index of deflation vulnerability is presented - methodology and evaluation for 35 countries (data comes from a survey by M.S. Kumar et al.). In the last part, a risk of deflation is evaluated for Poland in the period from 2000 to 2008, especially in the context of the current economic crisis.

Keywords

EN

DEFLATION; ECONOMIC CRISIS

Discipline

• ECONOMICS: ECONOMICS

• Journal: Optimum. Studia Ekonomiczne
• Year: 2010
• Issue: 1(45)
• Pages: 3-18
• Document type: ARTICLE

Contributors

author

Blaszczyk Pawel

• Pawel Blaszczyk, Uniwersytet Ekonomiczny w Poznaniu, Katedra Polityki Gospodarczej i Samorzadowej, al. Niepodleglosci 10, 60-967 Poznan, Poland

Identifiers

CEJSH db identifier

10PLAAAA08601