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Inflation €“ A Macroeconomic Challenge

Author

Listed:
  • Ioana Manuela MINDRICAN

    (Doctoral School Economy I, University of Economic Studies, Academia de Studii Economice, Bucharest, Romania)

  • Elena-Florentina MATEI

    (Doctoral School Economy I, University of Economic Studies, Academia de Studii Economice, Bucharest, Romania)

Abstract

: Inflationary pressures, but also the uncertainty regarding the duration and severity of the Covid-19 pandemic, have significantly increased in the last year. Moreover, the start of Russia's war against Ukraine on February 24, 2022, further called into question the upward trend in the inflation rate. In this sense, the sudden and continuous increase in energy, fuel, and food prices constitute new challenges for decision-makers. The purpose of this paper is to analyze the evolution of inflation in Romania from the period 1990-2022 because this constitutes a topical macroeconomic challenge. Compared to the way of presenting the information from the bibliography used and found at the end of the paper, in this paper only the essential aspects, the particularities of the chosen research topic, which finally provide an overview, can be found.

Suggested Citation

  • Ioana Manuela MINDRICAN & Elena-Florentina MATEI, 2022. "Inflation €“ A Macroeconomic Challenge," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 2(2), pages 55-63, December.
    • Handle: RePEc:ora:journl:v:1:y:2022:i:2:p:55-63
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    References listed on IDEAS

    as
    1. Blanchard, Oliver & Cerutti, Eugenio & SUmmers, Lawrence, 2015. "Inflation and Activity - Two Explorations and Their Monetary Policy Implications," Working Paper Series 15-070, Harvard University, John F. Kennedy School of Government.
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    More about this item

    Keywords

    nflation; challenge; Covid-19; uncertainty; volatility.;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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