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Theories on the Use of Inflation in Economic Analysis

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  • Andreea BALTAC

    (“Artifex”University of Bucharest)

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    Abstract

    The term inflation, in a first phase, was related to currency, money later and is now commonly used to describe the prices. This change of paradigm seems to originate in a sequence of unfortunate events, but probably inevitable. The article presents the main theories that have led to the definition of the concept of "inflation" highlighting the successive acceptiile that economists – starting with those classics, contemporary of Adam Smith – they have assigned over time of this economic phenomenon.

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    File URL: http://www.revistadestatistica.ro/suplimente/2012/4/srrs4_2012a17.pdf
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    Bibliographic Info

    Article provided by Romanian Statistical Review in its journal Romanian Statistical Review Supplement.

    Volume (Year): 60 (2012)
    Issue (Month): 4 (November)
    Pages: 111-116

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    Handle: RePEc:rsr:supplm:v:60:y:2012:i:4:p:111-116

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    Related research

    Keywords: inflation; price; economic analysis; deflator; indicator;

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    1. Lawrence Klein, 1990. "The open economy," Open Economies Review, Springer, vol. 1(1), pages 3-16, February.
    2. Constantin ANGHELACHE & Mihai GHEOGHE & Alexandru MANOLE & Adina Elena FETCU (STOICA) & Luminita CIOCAN, 2012. "Main Aspects regarding the Consumer Price Index," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(1), pages 39-44, March.
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