IDEAS home Printed from https://ideas.repec.org/a/aio/aucsse/v2y2012i40p86-95.html
   My bibliography  Save this article

Study On The Correlation Of Inflation-Unemployment In The European Union

Author

Listed:
  • Ilie Murarita
  • George Ciobanu
  • Andreea Maria Ciobanu

    (University of Craiova Faculty of Economics and Business Administration)

Abstract

Inflation is significant and persistent increase in the price level, is seen as the depreciation of money. Unemployment is an unbalanced labour market in which there is a surplus of demand over supply of jobs. To ensure sustainable growth, any economic policy should aim both moderate inflation and low unemployment. Economic reality has shown that between the two indicators there is a strong connection, but opposite direction. Thus, a reduction in inflation is followed often by rising unemployment, and vice versa, measures to reduce unemployment may increase inflation. In this paper, the authors have proposed to realize a statistical study on the correlation between inflation and unemployment in the European Union.

Suggested Citation

  • Ilie Murarita & George Ciobanu & Andreea Maria Ciobanu, 2012. "Study On The Correlation Of Inflation-Unemployment In The European Union," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(40), pages 86-95.
    • Handle: RePEc:aio:aucsse:v:2:y:2012:i:40:p:86-95
    as

    Download full text from publisher

    File URL: http://feaa.ucv.ro/AUCSSE/0040v2-009.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    unemployment; inflation; correlation;
    All these keywords.

    JEL classification:

    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aio:aucsse:v:2:y:2012:i:40:p:86-95. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anca Bandoi (email available below). General contact details of provider: https://edirc.repec.org/data/fecraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.