Insights on deflation theory

Comment on Debt Deflation: Theory and Evidence

Classical Deflation Theory

D eflation, the opposite of inflation, is a situation of falling general prices. It should not be confused with disinflation, which refers to a declining inflation rate that nevertheless remains positive. It was the successful U.S. disinflation of the 1990s, a disinflation that lowered the inflation rate sufficiently to create concern that further downward pressure might push it into negative t...

NH3 sensors based on novel TiO2/MoS2 nanocomposites: Insights from density functional theory calculations

Density functional theory calculations were performed to investigate the interactions of NH3 molecules with TiO2/MoS2 nanocomposites in order to completely exploit the adsorption properties of these nanocomposites. Given the need to further comprehend the behavior of the NH3 molecules oriented between the TiO2 nanoparticle and MoS2 monolayer, we have geometrically optimized the complex systems ...

On deflation and multiplicity structure

This paper presents two new constructions related to singular solutions of polynomial systems. The first is a new deflation method for an isolated singular root. This construction uses a single linear differential form defined from the Jacobian matrix of the input, and defines the deflated system by applying this differential form to the original system. The advantages of this new deflation is ...

Lessons from the Debt - Deflation Theory of Sudden Stops

The " Sudden Stop " phenomenon of the recurrent emerging markets crises of the last ten years is one of the key questions facing International Macroeconomics. Sudden Stops are defined by unusually large recessions marked by: sharp, abrupt current account reversals, large contractions in output and absorption, and collapses in goods and asset prices. In Mexico's 1995 Sudden Stop, for example, th...