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  • 标题:Implications of the Adoption of the Euro Currency Upon the Inflation in Romania
  • 本地全文:下载
  • 作者:Monica Damian
  • 期刊名称:Risk in Contemporary Economy
  • 电子版ISSN:2067-0532
  • 出版年度:2010
  • 语种:English
  • 出版社:Dunarea de Jos University of Galati
  • 摘要:The paper focuses upon the impact of the adoption of the single currency would have on inflationary process in our country.Thus,I have analysed in a quantitative and qualitative manner the ways through which the single currency could affect the inflation rate.One of the most significant factor through which the introduction of the single currency would affect the inflation is the price level convergence.The inflationary impact of the adoption of the euro currency is argumented by the fact that the relative level of prices in Romania is smaller than in the euro area.The results show that the price level is influenced by the level of economic development of the country (GDP/capita),which means that the rise in GDP/capita,necessary for the real convergence has inflationary effects.
  • 关键词:euro adoption;price covergence;Balassa-Samuelson effect;inflation
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