THE IMPACT OF DEFLATION ON FISCAL AGGREGATES
This article addresses the phenomenon of deflation from a historical perspective, a phenomenon rarely encountered in our day. Deflation is generally defined as the fall in the aggregate level of the consumer price index, respectively, the reverse inflationary phenomenon. The article also presents, i...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Editura Fundatiei Romania de Maine
2018-09-01
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Series: | Annals of Spiru Haret University Economic Series |
Subjects: | |
Online Access: | http://anale.spiruharet.ro/index.php/economics/article/view/908 |