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...

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...

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.

Besides the theoretical approach, the paper also includes an research conducted with students of the Faculty of Jornalism and Communication at the University of Bucarest. The main objective of this research was to determine the extent to which the media fiction (television series for youth)...

The study has as its objectives, to determine the influence of price volatility and price expectation in the rate of inflation as a measure of the price level. In addition, the study sought to evaluate ipso facto the extent to which monetary policy has influenced inflation by reducing price...

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...

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...

This paperwork is focused on European Central Bank activity related to the financial integration and globalization as the most important contemporary phenomena from the monetary global system governance pint of view. The eternal question mark above the recommended dependency degree of national...