THE IMPACT OF DEFLATION ON FISCAL AGGREGATES
Journal Title: Analele Universităţii Spiru Haret, Seria Economie - Year 2018, Vol 18, Issue 3
Abstract
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.
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THE ROLE OF AGRARIAN REFORMS IN THE SOCIO-ECONOMIC DEVELOPMENT OF NAKHCHIVAN AUTONOMOUS REPUBLIC
After independence, the article was devoted to carrying out appropriate reforms to ensure the development of agriculture, which is one of the key areas of the economy of the Nakhchivan Autonomous Republic. It was noted t...
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STUDY REGARDING THE LEGAL OR JUDICIAL REHABILITATION OF PERSONS ENGAGED IN ECONOMIC ACTIVITIES
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