The study has as its objectives, to determine the influence of price volatility and price expectation in the rate of inflation as a measure of the price level. In addition, the study sought to evaluate ipso facto the extent to which monetary policy has influenced inflation by reducing price...

The inflation phenomenology offers to the author the occasion to perform a theoretical, i.e. an abstract analyze, that identifies the comprehensive notional typology family of this phenomenology.

The premise from which we start is that the main cause of economic crises is the constant attempt to create, what Georgescu-Roegen called, "entropy of contraband." The phrase refers to a fictional creation of an energy that does not exist. To prove this we describe the major crises that have hit...

Romanian Abstract: Un fenomen cu un impact puternic asupra pieţelor petroliere internaţionale l-aconstituit declinul sever al preţurilor principalelor ţiţeiuri de referinţă din comerţul internaţional(Brent şi WTI), de la 105,7 $/baril, în iunie 2014, la 36 $/baril, în decembrie...

This paper deals with the Balassa-Samuelson effect in Romania. Using the cointegration technique, the main conclusions of the paper are that in the period 1998-2006 the average annual rate of inflation generated by the Balassa-Samuelson effect in Romania was between 0.11% in 2005 and 0.9% in...

The first part of the paper assesses the impact of asymmetric shocks on inflation in two new members states of the euro zone: Slovenia and Slovakia. The second part of the paper studies the issue of the inflationary process in Romania in the context of losing autonomous monetary policy after...

Using the most important criteria that should be taken into account when a monetary policy strategy is changed, this paper assess the opportunity of changing the status quo of the monetary policy in Romania with the inflation targeting monetary policy framework in 2005. The paper identifies the...

This paper explores some recent challenges for the inflation targeting. The circumstances are different for the emerging market countries and for the industrialized ones. In many emerging market countries the central banks adopted more or less formally the inflation targeting, in order to gain...

Any decision is eventually the product of a procedure which requires assembling a multitude of primary information, passed through reiterative processes both of organisation and of analysis. The procedures also regard “pushing” these transformed/processed towards preparatory levels only to...

The monetary policy decision, as any other decision, is the product of a procedure assembling a lot of primary information, but also what type of other ingredients contribute finally to a certain monetary policy decision.