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Impact Of The Inflation On The Exchange Rate And On The Average Salary

Author

Listed:
  • Consuela I. NECȘULESCU

    (Faculty of Economical Sciences, The University of Pitesti, Romania)

  • Luminița L. ȘERBĂNESCU

    (Faculty of Economical Sciences, The University of Pitesti, Romania)

Abstract

Inflation is considered to be one of the negative phenomena of national economy. In this article we intend to analyze the link between the inflation rate and some important macroeconomic variables. The objective of the research is the demonstration of a causal connection between the inflation rate and an exchange rate lei/euro, respectively between the inflation rate and the average nominal wage, these manifests using econometric methods.

Suggested Citation

  • Consuela I. NECȘULESCU & Luminița L. ȘERBĂNESCU, 2013. "Impact Of The Inflation On The Exchange Rate And On The Average Salary," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 2, pages 43-48, November.
    • Handle: RePEc:cmj:journl:y:2013:i:4:necsulescu
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    Cited by:

    1. Johari, Mohamad Shukri & Habibullah, Muzafar & Abdul Ghani, Roseziahazni & Abdul Manaf, Suhaily Maizan, 2021. "The Macroeconomic Fundamentals of the Real Exchange Rate in Malaysia: Some Empirical Evidence," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 55(2), pages 81-89.

    More about this item

    Keywords

    Inflation rate; Salary earnings rate; Exchange rate euro/leu; Testul Augmented Dickey‐Fuller;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics

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