IDEAS home Printed from
   My bibliography  Save this article

Theories on the Use of Inflation in Economic Analysis


  • Andreea BALTAC

    (“Artifex”University of Bucharest)


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.

Suggested Citation

  • Andreea BALTAC, 2012. "Theories on the Use of Inflation in Economic Analysis," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(4), pages 111-116, November.
  • Handle: RePEc:rsr:supplm:v:60:y:2012:i:4:p:111-116

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    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.
    Full references (including those not matched with items on IDEAS)

    More about this item


    inflation; price; economic analysis; deflator; indicator;

    JEL classification:

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


    Access and download statistics


    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:rsr:supplm:v:60:y:2012:i:4:p:111-116. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adrian Visoiu). General contact details of provider: .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.