The empirical analysis of project effects of public works under deflation
In this paper, a theoretical hypothesis that public works would have deterrence effects of deflation under the situation that deflation-gap exists was tested empirically. For testing this hypothesis empirically, we used macro-economics data in Japan since 1991 when the huge deflation-gap was brought...
| Published in: | Journal of Human Environmental Studies |
|---|---|
| Main Authors: | , , |
| Format: | Article |
| Language: | English |
| Published: |
Society for Human Environmental Studies
2012-12-01
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| Subjects: | |
| Online Access: | https://www.jstage.jst.go.jp/article/shes/10/2/10_85/_pdf/-char/en |