The Spectre of Deflation in the Euro Area

被引：0

作者：

Spacilova, Lenka ^{[1
]}

机构：

[1] VSB Tech Univ Ostrava, Fac Econ, Dept Econ, Sokolska 33, Ostrava, Czech Republic

来源：

PROCEEDINGS OF THE 3RD INTERNATIONAL CONFERENCE ON EUROPEAN INTEGRATION 2016 (ICEI 2016) | 2016年

关键词：

Deflation; Inflation; Inflation Expectations; Energy Prices; Euro Area; European Central Bank; Output Gap;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Inflation in the euro area has been below the European Central Bank's target for more than two years and is also expected to remain at a very low level in the near future. Although the recent decline in inflation is mainly the result of falling energy and food prices, low inflation can under today's economic conditions weak global economic activity-increase deflation fears in the euro area. This paper analyses the factors that increase the risk of lasting deflation and prevent a return to the ECB's inflation target.

引用

页码：891 / 897

页数：7

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