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Fiscal Policy Impact on Inflation Volatility in Romania in The Economic Crisis Context

Author

Listed:
  • Eugenia Ramona MARA
  • Eva DEZSI

    (“Babes-Bolyai University”, Cluj-Napoca)

Abstract

This paper tries to examine the impact of the fiscal policy on volatility inflation in Romania. Starting from previously studies which demonstrates a correlation between the fiscal measures and inflation this study is testing this impact on the economic crises context. For realizing this study our analysis is based on VAR model starting with 2007-2010, using quarterly data for the Romanian economy.

Suggested Citation

  • Eugenia Ramona MARA & Eva DEZSI, 2011. "Fiscal Policy Impact on Inflation Volatility in Romania in The Economic Crisis Context," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13), pages 181-187, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2011:i:13:p:181-187
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    File URL: http://feaa.ucv.ro/FPV/013-24.pdf
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    References listed on IDEAS

    as
    1. Olivier Blanchard & Giovanni Dell'Ariccia & Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pages 199-215, September.
    2. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
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    Cited by:

    1. Eugenia-Ramona Mara, 2012. "Fiscal Policy in the European Union – Present and Perspectives," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 2(2), pages 156-168, April.
    2. Raluca Andreea GHETU & Cristina-Simona CĂPĂȚÎNĂ & Petre BREZEANU, 2021. "The Evolution Of Fiscal Pressure In Developed E.U. Countries And Its Determinants," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 30(2), pages 239-249, December.
    3. Clement Olalekan Olaniyi, 2020. "Application of Bootstrap Simulation and Asymmetric Causal Approach to Fiscal Deficit-Inflation Nexus," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 12(2), pages 123-140, May.

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    More about this item

    Keywords

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    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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