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Aspects regarding the analysis of inflation evolution

Author

Listed:
  • Constantin ANGHELACHE

    („Artifex” University, Bucharest / The Bucharest University of Economic)

  • Vergil VOINEAGU

    (The Bucharest University of Economic Studies)

  • Gabriela-Victoria ANGHELACHE

    (The Bucharest University of Economic Studies)

  • Alexandru MANOLE

    („Artifex” University, Bucharest)

Abstract

With this work, the authors are submitting the main theories, which led to the definition of the concept of “inflation”, pointing out the successive acceptations, which the economists – starting with classics, Adam Smith’s contemporaries – have granted, over the time, to this economical phenomenon. Thus, at a first phase, the term of inflation was connected to currency, later on to money while presently it is commonly used for describing prices. This change of paradigm seems to originate in a sequence of unhappy events, probably unavoidable.

Suggested Citation

  • Constantin ANGHELACHE & Vergil VOINEAGU & Gabriela-Victoria ANGHELACHE & Alexandru MANOLE, 2012. "Aspects regarding the analysis of inflation evolution," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(11(576)), pages 5-14, November.
    • Handle: RePEc:agr:journl:v:11(576):y:2012:i:11(576):p:5-14
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