Impact of the Inflation on the Exchange-Rate and on the Average Salary
Impact of the Inflation on the Exchange-Rate and on the Average Salary

Summary/Abstract: Inflation has been and is considered one of the negative phenomena of the national economy. In this article we aimed to analyse the connection between the inflation rate and a few important macroeconomic variables such as the exchange rate and the nominal average salary as well as the analysis of the evolution in time of these variables. The objective of the research is to prove the causal relationship between the inflation rate and the RON/Euro exchange rate, respectively between the inflation rate and the nominal average salary, which are made using statistical methods and regression methods. The analysis of the trend and of the causal relationships among the three variables uses annual series from the 2000 – 2012 period.

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