The Difference of the Actual Price Level from the Equilibrium One and its Impact on Inflation
Within the modern monetary policy regimes, the inflationary pressures are, generally, approximated by the excessive demand that generate pressures on the fixed production capacity resulting in a change of prices. This excessive demand is estimated as the deviation of the level of the economic activi...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Editura ASE
2018-12-01
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| Series: | Management and Economics Review |
| Subjects: | |
| Online Access: | http://mer.ase.ro/files/2018_2/3-5.pdf |