Incluye referencias bibliográficas (páginas 331-351) e índice.

1. Feras of deflation and the role of monetary policy: some lessons and an overview / Richard C. K. Burdekin and Pierre L. Siklos -- 2. Deflation, silent runs, and bank holidays in the 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 adjustment during the deflations of 1921-23 and 1931-33 / Klas Fregert and Lars Jonung -- 5. Boom-busts in asset prices, economic instability, and monetary policy / Michael D. Bordo and Olivier Jeanne -- 6. Deflation, credit and asset prices / Charles Goodhart and Boris Hofmann -- 7. Is deflation depressing? evidence from the classical gold standard / Michael D. Bordo and Angela Redish -- 8. The strong lira policy and deflation in Italy's inter-war period / Michele Fratianni and Franco Spinelli -- 9. Deflation and stagnation in Japan: collapse of the monetary transmission mechanism and echo from the 1930s / Michael M. Hutchison -- 10. Deflation, the financial crises of the 1890s, and stock exchange responses in London, New York, Paris and Berlin / Lance Davis, Larry Neal and Eugene White -- 11. The stock market and the business cycle in periods of deflation, (hyper-) inflation, and political turmoil: Germany 1913-1926 / Martin T. Bohl and Pierre L. Siklos --12. Deflationary pressures and the role of gold stocks: 1929, 1987 and today / Richard C. K. Burdekin and Marc D. Weidenmier.