01902cas a2200277 a 4500 AALejournalIMF012810 230101c9999 xx r poo 0 0eng d 15.00 USD 9781589062276 0251-6365 BD-DhAAL BD-DhAAL Baig, Taimur. Deflation : Determinants, Risks, and Policy Options / Taimur Baig, Jorg Decressin, Tarhan Feyzioglu, Manmohan Kumar. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (63 pages) Occasional Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Deflation can be costly and difficult to anticipate, and concerns of a generalized decline in prices in both industrial and emerging market economies have increased recently. This paper investigates the causes and consequences of deflation, the risk of deflation globally and in individual countries, and policy options. The authors discuss issues related to the measurement, determinants, and costs of deflation and examine previous episodes of deflation. They compute an index of deflation vulnerability, which they apply to the 35 largest industrial and emerging market economies. Finally, the paper offers several policy options for protecting against deflation and for coping with it should it strike. Mode of access: Internet Decressin, Jorg. Feyzioglu, Tarhan. Kumar, Manmohan. Occasional Papers; Occasional Paper ; No. 2003/003 Full text available on IMF http://elibrary.imf.org/view/books/084/01591-9781589062276-en/01591-9781589062276-en-book.xml IMF e-Library