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Evolutions And Explanations About Post-Pandemic Inflation

Author

Listed:
  • Marius GUST

    (“Constantin Brancoveanu” University of Pitesti, Romania)

Abstract

The paper aims to (1) review the latest points of view regarding the causes of post-pandemic inflation, (2) analyze the evolution of inflation in some countries and (3) follow the main monetary policy measures taken by the authorities in the field in some states. Concretely, in the last two decades, the money supply link has been secondary or even totally neglected. However, in the last year, a series of theories and models have returned that link the evolutions in terms of inflation to the excess of monetary emission from the pandemic years. The increase in inflation was not quickly accompanied by anti-inflationary measures, the monetary authorities acting late, for fear of continuing the recession or that it would return in countries where economic growth had resumed. The mentioned situations are exemplified with the presentation of developments and analyzes from the Euro Zone, from the United States of America and from some Eastern European states, including Romania.

Suggested Citation

  • Marius GUST, 2024. "Evolutions And Explanations About Post-Pandemic Inflation," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 9(4), pages 99-109.
    • Handle: RePEc:brc:brccej:v:9:y:2024:i:4:p:99-109
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    Keywords

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    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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