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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Bibliographic Details
Main Authors: Adina Violeta TRANDAFIR, Octav NEGURIȚĂ, Claudia GUNI
Format: Article
Language:English
Published: Editura Fundatiei Romania de Maine 2018-09-01
Series:Annals of Spiru Haret University Economic Series
Subjects:
Online Access:http://anale.spiruharet.ro/index.php/economics/article/view/908