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Deflation and Depression: Is There an Empirical Link? « Meng Hu's …

We note here that since WWII, one country has come close to having both a depression and a deflation : Japan in the late 1990s. Is Japan's recent slowdown from a historically high average growth primarily due to its very low …

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Deflation and Depression: Is There an Empirical Link? « Meng Hu's …

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