The purpose of this thesis is to argue that the core of a monetary economy is a network of triangular contracts between banks, firms, workers and capital goods suppliers. Not only does this network give rise to the creation and valuation of money but it is the organising feature of modern...

Price stability is widely recognised as the primary goal of modern monetary policy, and the management of private sector inflation expectations has become an essential channel through which this goal is achieved. This evaluation aims to improve the understanding of how the sensitivity of private...

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...