IDEAS home Printed from https://ideas.repec.org/a/rsr/supplm/v64y2016i8p104-109.html
   My bibliography  Save this article

Some Aspects Regarding the Inflation Evolution During the Last Period

Author

Listed:
  • Madalina Gabriela ANGHEL

    (“Artifex”University of Bucharest)

  • Constantin ANGHELACHE

    (Bucharest University of Economic Studies“, Artifex”University of Bucharest)

  • Alexandru MANOLE

    (“Artifex”University of Bucharest)

Abstract

This paper develops on the evolution of the consumer prices, that give the measure of inflation. The case study is based on the situation of the Romanian economy. One of the main phenomena that affects a national economy is the inflation, therefore the authors considered that a thorough analysis of the situation in Romania, based on official data, is useful both from the theoretical and practical viewpoints. In this paper, the authors started from the old definition of the inflation, considered a process to multiply additional money without any correlation of the increase in output (production). On the other hand, the economists considered that we get nominal and real prices. That means that from one period to another, the price for the same good is different. Starting from tat theoretical aspect, we used the data published by the National Institute of Statistics in order to show how the modification of the prices changed the nominal prices in real prices. Normally, the increase of prices leads to the need for more money for persons in order to satisfy their need for consumption.

Suggested Citation

  • Madalina Gabriela ANGHEL & Constantin ANGHELACHE & Alexandru MANOLE, 2016. "Some Aspects Regarding the Inflation Evolution During the Last Period," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(8), pages 104-109, August.
    • Handle: RePEc:rsr:supplm:v:64:y:2016:i:8:p:104-109
    as

    Download full text from publisher

    File URL: http://www.revistadestatistica.ro/supliment/wp-content/uploads/2016/09/RRSS_08_2016_A7.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dobrescu, Emilian, 2006. "Macromodel of the Romanian market economy (version 2005)," MPRA Paper 35749, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Madalina-Gabriela Anghel & Maria Mirea & Alexandru Badiu, 2018. "Analysis of the Main Aspects Regarding the Price Indices Applied in the Determination of Inflation," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 8(2), pages 28-36, April.
    2. Constantin ANGHELACHE & Alexandru MANOLE & Mădălina Gabriela ANGHEL, 2016. "The major economic evolution of Romania by the middle of 2016," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(609), W), pages 165-182, Winter.
    3. Madalina-Gabriela Anghel & Georgeta Lixandru & Marius Popovici & Alina – Georgiana Solomon & Emilia Stanciu, 2017. "Theoretical Elements on the Use of Price Indices for Inflation Measurement," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(3), pages 38-47, July.
    4. Constantin ANGHELACHE & Alexandru MANOLE & Mădălina Gabriela ANGHEL, 2016. "The major economic evolution of Romania by the middle of 2016," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(609), W), pages 165-182, Winter.
    5. Madalina-Gabriela ANGHEL & Florin Paul Costel LILEA & Maria MIREA, 2017. "Analysis of the interdependence between GDP and Inflation," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(3), pages 148-155, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Institute for Economic Forecasting & Centre for Macroeconomic Modelling, 2011. "The "Dobrescu Macromodel" of the Romanian Market Economy - 2005 Version Yearly Forecast Preliminate for 2011, November Estimates," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 197-199, December.
    2. Nastac, Iulian & Dobrescu, Emilian & Pelinescu, Elena, 2007. "Neuro-Adaptive Model for Financial Forecasting," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(3), pages 19-41, September.
    3. Alina Constanţa Cojan, 2012. "Underground Economy – A Growing Challenge For Economy And Governments," Romanian Economic Business Review, Romanian-American University, vol. 6(1), pages 97-104, May.
    4. Emilian Dobrescu, 2006. "Integration of Macroeconomic Behavioural Relationships and the Input-output Block (Romanian Modelling Experience)," EcoMod2006 272100018, EcoMod.
    5. Emilian Dobrescu, 2019. "A Note on Estimating the Importance of Interactions among Economic Entities," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(52), pages 671-671, August.
    6. Dobrescu, Emilian, 2008. "A Desirable Scenario For The Romanian Economy During 2008-2013," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(4), pages 15-58, December.
    7. Emilian Dobrescu, 2013. "Updating the Romanian Economic Macromodel," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 5-31, December.
    8. Institute for Economic Forecasting & Centre for Macroeconomic Modelling, 2010. "The "Dobrescu Macromodel" Of The Romanian Market Economy - 2005 Version Yearly Forecast - Spring Forecast 2010," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 215-217, March.
    9. Pauna, Bianca & Ghizdeanu, Ion & Scutaru, Cornelia & Fomin, Petre & Saman, Corina, 2008. "The "Dobrescu Macromodel" Of The Romanian Market Economy - 2005 Version Yearly Forecast Autumn Forecast," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(3), pages 129-131, September.
    10. Mihaela Bratu (Simionescu), 2013. "Using The Econometric Approach To Improve The Accuracy Of Gdp Deflator Forecasts," EuroEconomica, Danubius University of Galati, issue 1(32), pages 70-76, May.
    11. PhD Student Leontina Codruţa ANDRIŢOIU, 2019. "Labor Market Study In Romania," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(47), pages 5-12, December.
    12. Institute for Economic Forecasting & Centre for Macroeconomic Modelling, 2011. "The "Dobrescu Macromodel" of the Romanian Market Economy - 2005 Version - Yearly Forecast – Autumn Forecast 2011, September Estimate," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 267-269, September.
    13. Daianu, Daniel & Lungu, Laurian, 2008. "Why Is This Financial Crisis Occurring? How To Respond To It?," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(4), pages 59-87, December.
    14. Pauna, Bianca & Ghizdeanu, Ion & Scutaru, Cornelia & Fomin, Petre & Saman, Corina, 2007. "The "Dobrescu” Macromodel of the Romanian Market Economy - 2005 version. Yearly Forecast – Preliminary results for 2007," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(4), pages 124-126, December.
    15. Florin Marius PAVELESCU, 2017. "Features of the production factors substitution and the estimated parameters of the Cobb-Douglas function with constant returns to scale and disembodied technical change," Romanian Journal of Economics, Institute of National Economy, vol. 45(2(54)), pages 134-152, December.

    Corrections

    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:64:y:2016:i:8:p:104-109. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adrian Visoiu (email available below). General contact details of provider: https://edirc.repec.org/data/stagvro.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.