Are We Going to Have Deflation and Current Account Surpluses? [Vom avea deflaţie şi surplusuri de cont curent?]

Lucian Croitoru

Revista OEconomica, 2013, issue 02

Abstract: In this study we show that the inflation rate and the current account behaved according to historical regularities, once the international crisis hit Romania in the second half of 2008. Inflation has decreased relatively fast for a long period of time, and the current account deficit has reduced drastically, converting itself (for the first time in the last 23 years) in surplus in the first half of 2013.

Keywords: inflation rate; current account; monetary policy; net exports; productivity; fiscal policy; economic growth (search for similar items in EconPapers)
JEL-codes: E43 E58 E62 F32 H54 O23 O47 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://oeconomica.org.ro/files/pdf/356.pdf (application/pdf)
http://oeconomica.org.ro/abstract/356/Are-We-Going ... m-avea-deflatie.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oen:econom:y:2013:i:02:id:356

Access Statistics for this article

More articles in Revista OEconomica from Romanian Society for Economic Science, Revista OEconomica Contact information at EDIRC.
Bibliographic data for series maintained by Octavian Jora ().