Debt deflation, financial market stress and regime change – evidence from Europe using MRVAR
"The economic meltdown since 2008-9 has created disinflation, and even deflation in some countries in the Euro-area, in a period with large debt overhang, creating the condition for a continuing financial market stress in the Euro-area. As disinflation and deflation push up the real interest ra...
Main Authors: | Ernst, Ekkehard, Semmler, Willi, Haider, Alexander |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Mannheim
2016
ZEW |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19104792124919229749-Debt-deflation,-financial-mark.htm |
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