#9,392 in Business & money books
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Reddit mentions of A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know
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Reddit mentions: 3
We found 3 Reddit mentions of A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know. Here are the top ones.
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But really, I think 'just relax' is best here, so:
etc etc etc
On a very basic level, this book cleared a lot to me.
Really the only good type of deflation is when it is associated with productivity growth. That is, prices fall as they can be produced cheaper and better. But since we're talking about monetary phenomena...
General suggested reading: A Concise Guide to Macroeconomics by David Moss
If you want a few papers on the topic:
Deflation Risk - Matthias Fleckenstein, Francis A. Longstaff, Hanno Lustig
>We find that the market prices the economic tail risk of deflation very similarly to other types of tail risks such as catastrophic insurance losses. In contrast, inflation tail risk has only a relatively small premium. Deflation risk is also significantly linked to measures of financial tail risk such as swap spreads, corporate credit spreads, and the pricing of super senior tranches. These results indicate that systemic financial risk and deflation risk are closely related.
Two Decades of Japanese Monetary Policy and the Deflation Problem - Takatoshi Ito, Frederic S. Mishkin
>By 2002, the economy and the financial institutions weakened again. Deflationary expectations were setting in, and consumption and investment were depressed. Aggregate demand fell short of potential output, and the widened output gap depressed prices, reinforcing deflationary expectations. There did not seem to be a solution to the deflationary spiral.