asituationin which a country'spricesgo down, or do not go up asquicklyas before:He toldclientsthat disinflation couldresultin one or twoquartersofflatorevennegativeeconomicgrowth.(Definition ofdisinflationfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofdisinflation
disinflationFor smaller disinflations, the qualitative results still hold; however, the scale of the output effects are smaller.From theCambridge English CorpusTo this end, the more debatable issue is how costly disinflations really are.From theCambridge English CorpusOver an extended time, these short-term losses will not be as costly as a quickdisinflation.From theCambridge English CorpusMore practically, the loss of credibility by the central bank will greatly reduce both the maximum achievable net output, and the optimaldisinflationlength.From theCambridge English CorpusThe resurgence of actual and prospectivedisinflationin industrialized countries has resulted in new interest in the possibility of self-fulfilling deflationary expectations.From theCambridge English CorpusThis paper analyzes exchange-rate dynamics following a money-baseddisinflationunder different degrees of exchange-rate pass-through.From theCambridge English CorpusAs more firms are able to update their prices to reflect thedisinflation, the money path overshoots the aggregate price level producing the boom.From theCambridge English CorpusRecall that adisinflationimplies a fall in the expected inflation rate and the nominal interest rate and therefore a rise in money demand.From theCambridge English CorpusThe costs ofdisinflationare immediate but transitory; the benefits of thedisinflationare permanent but delayed.From theCambridge English CorpusWith a twoperioddisinflation, inflation inertia is less problematic: relative prices are closer to the profit-maximizing level if firms were allowed to continuously reset.From theCambridge English CorpusFigure 2 shows that, in this case, optimal policy smooths the short-run costs over time by taking a gradual approach todisinflation.From theCambridge English CorpusAgain, we assume the announcement is fully credible and that thedisinflationprogram is not known in advance. 22.From theCambridge English CorpusTo simulate adisinflation, it is necessary to derive starting values for the predetermined variables based on an initial inflationary steady state.From theCambridge English CorpusIn order to simulate adisinflationit is necessary to derive starting values for variables based on an initial inflationary steady state.From theCambridge English CorpusAs a result, welfare overall is higher under the gradualistdisinflation.From theCambridge English CorpusThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/disinflation##
