Definition: Deflation occurs when prices are declining over time. This is the opposite of inflation; when the inflation rate (by some measure) is negative, the economy is in a deflationary period.
Terms related to Deflation:
Books on Deflation:
- Japan's policy trap - Akio Mikuni and R. Taggart Murphy, Brookings Instiution Press, 2002.
- Deflation - A. Gary Shilling, Lakeview Pub., 1998.
- Cycles of inflation and deflation : money, debt, and the 1990s - G. Leigh Skene, Praeger, 1992.
- Inflation crises, deflation, and growth: further evidence - Hans-JÃ¼rgen Engelbrecht and Chris Langley, Applied Economics 33, no. 9 (2001): 1157-1165.
- Economic crises and the debt-deflation episode in Thailand - Bhanupong Nidhiprabha, Sage Public Administration Abstracts 27, no. 1 (2000).
- ASIA - Measuring China's Economy - An inside glimpse of capital investment, deflation and, of all things, a strange agricultural productivity boom. - Andy Xie, The International economy. 16, no. 2, (2002): 46.