Summary

In 2002, the possibility of deflation in the United States looked "remote indeed" to newly appointed Fed Governor Ben Bernanke. In light of recent events, Edwin Dolan wonders if we can still be so sure.

Recommended Citation

Dolan, Edwin (2008) "Deflation: Are We Still Sure "It" Cannot Happen Here?," The Economists' Voice: Vol. 5 : Iss. 7, Article 3.
DOI: 10.2202/1553-3832.1436
Available at: http://www.bepress.com/ev/vol5/iss7/art3

Related Files

Deflation Paper Charts.xls (28 kB)
Plots to Accompany Deflation Paper

Readers' Reactions

Scott Sumner, Letter: Comment on Dolan and Recent Fed Policy (January 2009)