The dynamics of inflation in the context of the economic crisis

Ioana Manuela Mîndrican


This article entitled The dynamics of inflation in the context of the economic crisis is structured in two components namely: the introductory part of which describes the inflation phenomenon and the second component aims to analyze the evolution of the inflation rate in Romania, as a result of the unfolding economic crisis. At the same time, it can be stated that the inflationary phenomenon has manifested itself in a different way at the level of each European state depending on the economic context in which the state is at that time and also represents an interesting topic by the way it influences both the activities of the population, as well as the activities at the state level.


inflation, economic crisis, Romania


Athanasios Orphanides, (2002) Monetary-Policy Rules and the Great Inflation, AEA Papers and Proceedings,

BNR, Annual inflation report,, accessed 5 May, 2020

Băcescu Marius, (1998) Macroeconomics and macroeconomic policies, All. Ed. Pages75-90

Efrem Castelnuovo, Paolo Surico,(2010) Monetary policy, inflation expectations and the price puzzle. The Economic Journal , Volume 120, Number 549, Pages 1262–1283

Eugene F. Fama et al, (1977) Return of assets and inflation. Journal of Financial Economics, Volume 5, Pages 115-146

Eurostat, Annual inflation,, accesed 5 May,2020

Friedman, Milton, (1995) Capitalism and Freedom, Encyclopedic Publishing House, Bucharest

Lars EO Svensson, (1999), Targeting inflation as a rule of monetary policy. The Journal of Monetary Economics. Volume 43, Pages 607-654

Jeff Fuhrer, George Moore, (1995), Inflation Persistence. The Quarterly Journal of Economics, Volume 110, Pages 127–159

John M. Roberts.(2004) Monetary policy and inflation dynamics. FEDS Working Paper No. 62

National Institute of Statistics.

N. Gregory Mankiw, (2009) Macroeconomics. 7th edition

Paul Samuelson, Willian Nordhaus. Economics. 19th edition

Richard G. Lipsey, K. Alec Chrystal. Positive economy. Economic Publishing House

World Bank, Fiscal deficits, monetary reform, and inflation stabilization in Romania,, accessed 5 May, 2020

World Bank, 2nd Fiscal Effectiveness and Growth DPL,, accessed 5 May, 2020

World Bank, The World Bank in Romania, accessed 5 May, 2020

Full Text: PDF

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.