Abstract:

Given the existent relation between capital motivation, performance, productivity, consumption and inflation, the current paper aims at determining some of the causes of inflation in Romania, focusing on the relationship between the changes in net wages and inflation.The analysis was developed based on the autoregressive vector estimated for the quarterly inflation rate and the change in net wages estimated. Several mathematical-economical models have been used in order to construct the analysis, such as: VAR model analysis, Portmanteau model, LM test and the response to impulse functions, as well as variation breakdown.