THE IMPACT OF DEFLATION ON FISCAL AGGREGATES
This article addresses the phenomenon of deflation from a historical perspective, a phenomenon rarely encountered in our day. Deflation is generally defined as the fall in the aggregate level of the consumer price index, respectively, the reverse inflationary phenomenon. The article also presents, i...
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Format: | Article |
Language: | English |
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Editura Fundatiei Romania de Maine
2018-09-01
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Series: | Annals of Spiru Haret University Economic Series |
Subjects: | |
Online Access: | http://anale.spiruharet.ro/index.php/economics/article/view/908 |
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author | Adina Violeta TRANDAFIR Octav NEGURIȚĂ Octav NEGURIȚĂ Claudia GUNI Claudia GUNI |
author_facet | Adina Violeta TRANDAFIR Octav NEGURIȚĂ Octav NEGURIȚĂ Claudia GUNI Claudia GUNI |
author_sort | Adina Violeta TRANDAFIR |
collection | DOAJ |
description | This article addresses the phenomenon of deflation from a historical perspective, a phenomenon rarely encountered in our day. Deflation is generally defined as the fall in the aggregate level of the consumer price index, respectively, the reverse inflationary phenomenon. The article also presents, in addition to experiences in different countries in times when deflation has been more pronounced and longer, and the effects it may have on public finance aggregates. The paper analyses the literature of all time that deals with the subject, as well as a presentation of the empirical data recorded, and an econometric analysis wishing to highlight the impact that the aggregate index of prices may have on public debt, using data recorded in Romania during 2000-2017. |
first_indexed | 2024-04-13T12:16:12Z |
format | Article |
id | doaj.art-7537d64cc6624c42b056a1d7d97f8685 |
institution | Directory Open Access Journal |
issn | 2393-1795 |
language | English |
last_indexed | 2024-04-13T12:16:12Z |
publishDate | 2018-09-01 |
publisher | Editura Fundatiei Romania de Maine |
record_format | Article |
series | Annals of Spiru Haret University Economic Series |
spelling | doaj.art-7537d64cc6624c42b056a1d7d97f86852022-12-22T02:47:21ZengEditura Fundatiei Romania de MaineAnnals of Spiru Haret University Economic Series2393-17952018-09-01183819610.26458/1836846THE IMPACT OF DEFLATION ON FISCAL AGGREGATESAdina Violeta TRANDAFIR0Octav NEGURIȚĂ1Octav NEGURIȚĂ2Claudia GUNI3Claudia GUNI4Spiru Haret UniversitySpiru Haret University, Faculty of Law and Economics, 32-34 Unirii Street, Constanta, Romania, Tel.: +40241545015Spiru Haret University, Faculty of Law and Economics, 32-34 Unirii Street, Constanta, Romania, Tel.: +40241545015Spiru Haret University, Faculty of Law and Economics, 32-34 Unirii Street, Constanta, Romania, Tel.: +40241545015,Spiru Haret University, Faculty of Law and Economics, 32-34 Unirii Street, Constanta, Romania, Tel.: +40241545015,This article addresses the phenomenon of deflation from a historical perspective, a phenomenon rarely encountered in our day. Deflation is generally defined as the fall in the aggregate level of the consumer price index, respectively, the reverse inflationary phenomenon. The article also presents, in addition to experiences in different countries in times when deflation has been more pronounced and longer, and the effects it may have on public finance aggregates. The paper analyses the literature of all time that deals with the subject, as well as a presentation of the empirical data recorded, and an econometric analysis wishing to highlight the impact that the aggregate index of prices may have on public debt, using data recorded in Romania during 2000-2017.http://anale.spiruharet.ro/index.php/economics/article/view/908deflation, consumer price index, fiscal aggregates |
spellingShingle | Adina Violeta TRANDAFIR Octav NEGURIȚĂ Octav NEGURIȚĂ Claudia GUNI Claudia GUNI THE IMPACT OF DEFLATION ON FISCAL AGGREGATES Annals of Spiru Haret University Economic Series deflation, consumer price index, fiscal aggregates |
title | THE IMPACT OF DEFLATION ON FISCAL AGGREGATES |
title_full | THE IMPACT OF DEFLATION ON FISCAL AGGREGATES |
title_fullStr | THE IMPACT OF DEFLATION ON FISCAL AGGREGATES |
title_full_unstemmed | THE IMPACT OF DEFLATION ON FISCAL AGGREGATES |
title_short | THE IMPACT OF DEFLATION ON FISCAL AGGREGATES |
title_sort | impact of deflation on fiscal aggregates |
topic | deflation, consumer price index, fiscal aggregates |
url | http://anale.spiruharet.ro/index.php/economics/article/view/908 |
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