内容简介
NolongerjustarelicoftheGreatDepression,deflationhasbeenestablishedinChinaandJapansincethe1990sandcurrentlythreatensothermajoreconomiessuchasGermanyandeventheUnitedStates.Thisvolumeconsiderswhydeflationmaybeworsethaninflationandexploreshowindividualsandpolicymakershaverespondedtothephenomenon.Monetaryandexchangerateregimesaswellasstockmarketreactionsplayanimportantpartinadvancing,orslowing,deflationarytrends.Thebook'scoveragerangesfromthelatenineteenthcenturytothepresentday.
作者简介
RichardC.K.BurdekinisJonathanB.LovelaceProfessorofEconomicsatClaremontMcKennaCollege,Claremont,California.Hisareasofinterestincludemonetaryandfinancialeconomics,Chineseeconomicsreforms,andinflationanddeflation.ProfessorBurdekinhaspublishedfourbooks:BudgetDeficitsandEconomicPerformance(withFarrokhK.Langdana),Confidence,CredibilityandMacroeconomicPolicy(withFarrokhK.Langdana),DistributionalConflictandInflation(withPaulBurkett),andEstablishingMonetaryStabilityinEmergingMarketEconomies(editedwithThomasD.Willett,RichardJ.Sweeney,andClasWihlborg).HehasalsoauthoredoverfortyrefereedjournalarticleswhichhavebeenpublishedintheAmericanEconomicReview,theJournalofEconomicHistory,theJournalofInternationalMoneyandFinance,theJournalofMoney,CreditandBanking,andtheReviewofEconomicsandStatistics,amongotherleadingpublications.PierreL.SiklosisProfessorofEconomicsatWilfridLaurierUniversity,Waterloo,Ontario,Canada,andAssociateDirectorofitsViessmannCentrefortheStudyofModernEurope.Hespecializesinmacroeconomicswithanemphasisonthestudyofinflation,centralbanks,andfinancialmarketsandalsoconductsresearchinappliedtimeseriesanalysis.ProfessorSikloshasbeenaconsultanttoavarietyofinstitutionsandcentralbanks.Heistheauthorofseveralbooks,includingtheleadingtextbookinCanadaonmoneyandbanking,andTheChangingFaceofCentralBanking:EvolutionaryTrendsSinceWorldWarII(CambridgeUniversityPress,2002).Hehasalsopublishednumerousarticlesineminenteconomicsjournals.ProfessorSikloshasbeenavisitinglecturerorfellowatseveraluniversitiesinEurope,NorthAmericaandNewZealand.
