Take a look at Guido Huelsmann’s monograph:
http://library.mises.org/books/Jorg%20Guido%20Hulsmann/Deflation%20and%20Liberty.pdf
And also, Joe Salerno’s article:
http://mises.org/journals/qjae/pdf/qjae6_4_8.pdf
And Salerno on the latest research:
http://mises.org/daily/1583
