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Modeling Inflation In Romania

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Author Info
Pelinescu, Elena () (Institute of Economic Forecasting, Romanian Academy, Bucharest)
Turlea, Geomina () (Institute of World Economy, Romanian Academy, and Romanian Center for Economic Modelling, Bucharest)

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Abstract

This paper is organized in three parts: a discussion of general issues, an overview of evolution of inflation, highlighting the stages of the persistent inflation in Romania, and a model of Romanian inflation using VAR methodology. The purpose of the paper is to present an efficient instrument for simulation and research of inflation and its determinants in Romania, with a focus on the short-term impact of changes in money, foreign exchange and wage policies as well as the impact of external shocks.

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Publisher Info
Article provided by Institute for Economic Forecasting in its journal Romanian Journal of Economic Forecasting.

Volume (Year): 1 (2004)
Issue (Month): 4 (December)
Pages: 68-86
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Handle: RePEc:rjr:romjef:v:1:y:2004:i:4:p:68-86

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Postal: Casa Academiei, Calea 13, Septembrie nr.13, sector 5, Bucureşti 761172
Phone: 004 021 3188148
Fax: 004 021 3188148
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Web page: http://www.ipe.ro/
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Related research
Keywords: inflation; price; VAR;

Find related papers by JEL classification:
E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
P22 - Economic Systems - - Socialist Systems and Transition Economies - - - Prices

Statistics
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This page was last updated on 2009-12-13.


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