IMPACT OF THE INFLATION ON THE EXCHANGE RATE AND ON THE AVERAGE SALARY

Consuela I. Necșulescu and Luminița L. Șerbănescu
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Consuela I. Necșulescu: Faculty of Economical Sciences, The University of Pitesti, Romania
Luminița L. Șerbănescu: Faculty of Economical Sciences, The University of Pitesti, Romania
Authors registered in the RePEc Author Service: Luminita Serbanescu

CrossCultural Management Journal, 2013, issue 2, 43-48

Abstract: Inflation is considered to be one of the negative phenomena of national economy. In this article we intend to analyze the link between the inflation rate and some important macroeconomic variables. The objective of the research is the demonstration of a causal connection between the inflation rate and an exchange rate lei/euro, respectively between the inflation rate and the average nominal wage, these manifests using econometric methods.

Keywords: Inflation rate; Salary earnings rate; Exchange rate euro/leu; Testul Augmented Dickey‐Fuller (search for similar items in EconPapers)
JEL-codes: C01 E31 (search for similar items in EconPapers)
Date: 2013
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cmj:journl:y:2013:i:4:necsulescu

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