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目次

List of tables and figures; List of contributors; Preface; 1. Fears ofdeflation and the role of monetary policy: some lessons and an overviewRichard C. K. Burdekin and Pierre L. Siklos; Part I. Fears of Deflation andthe Role of Monetary Policy: 2. Deflation, silent runs, and bank holidays inthe great contraction Hugh Rockhoff; 3. Price change, financial stability,and the British economy, 1870-1939 Forrest Capie and Geoffrey Wood; 4.Deflation dynamics in Sweden: perceptions, expectations, and adjustmentduring the deflations of 1921-1923 and 1931-1933 Klas Fregert and LarsJonung; Part II. Deflation and Asset Prices: 5. Boom-busts in asset prices,economic instability, and monetary policy Michael D. Bordo and OlivierJeanne; 6. Deflation, credit and asset prices Charles Goodhart and BorisHofmann; Part III. International Perspectives on Deflation: 7. Is deflationdepressing? Evidence from the classical gold standard Michael D. Bordo andAngela Redish; 8. The strong Lira policy and deflation in Italy's interwarperiod Michele Fratianni and Franco Spinelli; 9. Deflation and stagnation inJapan: collapse of the monetary transmission mechanism and echo from the1930s Michael M. Hutchison; Part IV. Stock Market Adjustment to Deflation:10. Deflation, the financial crises of the 1890s, and Stock Exchangeresponses in London, New York, Paris, and Berlin Lance Davis, Larry Neal, andEugene White; 11. The Stock Market and the business cycle in periods ofdeflation, (hyper-)inflation, and political turmoil: Germany 1913-1926 MartinT. Bohl and Pierre L. Siklos; 12. Deflationary pressures and the role of goldstocks: 1929, 1987 and today Richard C. K. Burdekin and Marc D. Weidenmier;References; Index.