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without a redefinition of our values and the concept of economic growth, global economy will continue to experience seizures. …
Persistent link: https://www.econbiz.de/10015228626
background mutations caused by the international financial crisis. …
Persistent link: https://www.econbiz.de/10015225122
Romanian Abstract: Un fenomen cu un impact puternic asupra pieţelor petroliere internaţionale l-aconstituit declinul sever al preţurilor principalelor ţiţeiuri de referinţă din comerţul internaţional(Brent şi WTI), de la 105,7 $/baril, în iunie 2014, la 36 $/baril, în decembrie...
Persistent link: https://www.econbiz.de/10012992120
The first part of the paper assesses the impact of asymmetric shocks on inflation in two new members states of the euro zone: Slovenia and Slovakia. The second part of the paper studies the issue of the inflationary process in Romania in the context of losing autonomous monetary policy after...
Persistent link: https://www.econbiz.de/10015229557
Using the most important criteria that should be taken into account when a monetary policy strategy is changed, this paper assess the opportunity of changing the status quo of the monetary policy in Romania with the inflation targeting monetary policy framework in 2005. The paper identifies the...
Persistent link: https://www.econbiz.de/10015232698
credibility. In the new circumstances of the global crisis, a relaxed form of exchange rate targeting could be, for many of these … implicit inflation targeting coincided with a period of price stability. However, the recent global crisis revealed the danger …
Persistent link: https://www.econbiz.de/10015240624
Any decision is eventually the product of a procedure which requires assembling a multitude of primary information, passed through reiterative processes both of organisation and of analysis. The procedures also regard “pushing” these transformed/processed towards preparatory levels only to...
Persistent link: https://www.econbiz.de/10005755340
The monetary policy decision, as any other decision, is the product of a procedure assembling a lot of primary information, but also what type of other ingredients contribute finally to a certain monetary policy decision.
Persistent link: https://www.econbiz.de/10008464218
Monetary policy should be guided by macroeconomic models with limited nominal rigidity – ‘New Classical’ or even for some issues just plain Classical (i.e. with no nominal rigidity at all) models are perfectly adequate for understanding various aspects of the economy that have previously...
Persistent link: https://www.econbiz.de/10008464243
credibility. In the new circumstances of the global crisis, a relaxed form of exchange rate targeting could be, for many of these … implicit inflation targeting coincided with a period of price stability. However, the recent global crisis revealed the danger …
Persistent link: https://www.econbiz.de/10013060996