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The impact of inflation’s evolution on consumption

Author

Listed:
  • Marian SFETCU

    (“ARTIFEX” University of Bucharest)

  • Daniel DUMITRESCU
  • Marius POPOVICI

    (Bucharest University of Economic Studies)

  • Emilia STANCIU

    (Bucharest University of Economic Studies)

Abstract

In this article, the authors analyze the impact of inflation on household consumption. The study includes an overview on the theoretical concepts in this field, namely based on consumer’s demand, price, buying decision, the structure of total expenses and the income effect. The authors are also concerned with the assessment of the household consumption and the indicators which measure the inflation.

Suggested Citation

  • Marian SFETCU & Daniel DUMITRESCU & Marius POPOVICI & Emilia STANCIU, 2017. "The impact of inflation’s evolution on consumption," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(1), pages 56-79, January.
    • Handle: RePEc:rsr:supplm:v:65:y:2017:i:1:p:56-79
    as

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    References listed on IDEAS

    as
    1. Savor, Pavel & Wilson, Mungo, 2013. "How Much Do Investors Care About Macroeconomic Risk? Evidence from Scheduled Economic Announcements," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 48(2), pages 343-375, April.
    2. repec:ksp:journ3:v:1:y:2015:i:4:p:242-255 is not listed on IDEAS
    3. Ron W Nielsen, 2015. "The Insecure Future of the World Economic Growth," Papers 1510.07928, arXiv.org, revised Nov 2015.
    4. Ron W. NIELSEN, 2015. "The Insecure Future of the World Economic Growth," Journal of Economic and Social Thought, KSP Journals, vol. 2(4), pages 242-255, December.
    5. Julian Atanassov & E. Han Kim, 2009. "Labor and Corporate Governance: International Evidence from Restructuring Decisions," Journal of Finance, American Finance Association, vol. 64(1), pages 341-374, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    inflation; consumption; demand; products; expenses;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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