REFERENCES Agung, I. G. N., 2009. Time series analysis using Eviews, John Wiley&Sons (Asia) Pte Ltd, pp. 319 – 380. Berger, Helge and Österholm, Pär, 2008. Does money growth Granger-cause inflation in the Euro Area? Evidence from output-of-sample forecasts using Bayesian VARs. Discussion Papers 2008/10, Free University Berlin, School of Business&Economics. Brunner, K., 1961. A schema for the supply theory of money. International Economic Review, pp. 79-109. Brunner, K. and A.H. Meltzer, 1971. A Monetarist Framework for Aggregative Analysis. Konstanzer Symposium on Monetary Theory and Monetary Policy, Vol. 1. Brunner, K. and A.H. Meltzer, 1976. An Aggregative Theory for a Closed Economy. In J. Stein (editor), Monetarism. Amsterdam: North-Holland. Reprinted in Brunner and Meltzer, 1989. Brunner, K. and A.H. Meltzer, 1983.Strategies and Tactics for Monetary Control. Carnegie-Rochester Conference Series on Public Policy, 18, pp.59-104. Cantillon, R., 1755. An Essay on Economic Theory, translated by Chantal Saucier. Edited by Mark Thornton, Available at: . [Accessed in May 2011]. Caraiani P., 2009. Inflation Persistence and DSGE Models. An Application on Romanian Economy. Journal of Economic Computation and Economic Cybernetics Studies And Research, 3, pp.179–188. Dabus C. and F. Tohmé, 2004. Non-Linearities in the Relation Between Inflation and Money Supply in Argentina: A SOC Approach. Departamento de Economia, Universidad Nacional del Sur 12 de Octubre y San Juan, 8000 Bahia Blanca, Argentina. DeGraw, P. and M. Polan, 2005. Is Inflation Always and Everywhere a Monetary Phenomenon? Scandinavian Journal of Economics, 107(2), pp.239–259. Donath L. and B. Dima, 2003. The structural inflation in Romania. Institut für Finanzwissenschaft und Infrastrukturpolitik der Technischen Universität Wien, Editor: Wolfgang Blaas, pp. 77 – 98, Available on: . [Accessed on May 2011]. Dospinescu A.S., 2010. Measuring Core Inflation in Romania Using the Dobrescu Method – A Comparative Approach. Romanian Journal of Economic Forecasting, 13(2), pp.308-319. Dwyer, G. P. Jr. and Hafer, R. W., 1999. Are Money Growth and Inflation Still Related? Federal Reserve Bank of Atlanta Economic Review, 84, pp.32–43. Ebeling, R., 1992. Ludwig von Mises and the Gold Standard. In: The Gold Standard: Perspectives in the Austrian School, Edited by L. Rockwell, pp. 35 – 59, Available at: . Fisher, I., 1911. Recent changes in price levels and their causes. The American Economic Review, 1(2), Available at Jstor: . Fisher, I., 1912. The theory of exchange for 1911 and forecast. The American Economic Review, 2(2), June 1912, Available at Jstor: Fisher, I., 1933. The Debt-Deflation Theory of Great Depressions. Econometrica, 1(4), pp. 337-357, . [Accessed in May 2011]. Friedman, M., 1963. Inflation: Causes and Consequences, Asia Publishing House, New York. Friedman, M., 1968. The Role of Monetary Policy. The American Economic Review, 58(1), pp. 1-17, Available at Jstor: . Friedman, M., 1972. Have Monetary Policies Failed?. The American Economic Review, 62(1/2), pp.11-18, Available at Jstor: . Friedman, M., 1977. Nobel Lecture: Inflation and Unemployment. The Journal of Political Economy, 85(3), pp.451-472, Available at Jstor: . Friedman, M., 1982. Monetary Policy: Theory and Practice. Journal of Money, Credit and Banking, 14(1), pp.98-118, Available at Jstor: . Haberler, G., 1932. The Theory of International Trade. London: William Hodges, p. 47. Hayek, F. A., 1937. Prices and Production. Augustus M. Kelly, Publishers New York, First Edition 1941, pp.105-28; Available at: . Hayek, F. A., 1978. Denationalization of Money: The Argument Refined, London: Institute of Economic Affairs, Republished in 1990, Available at: . Hume, D., 1752. Essays, Moral, Political, and Literary. Part II.III Of money, Available at Econlib: . [Accessed in May 2011]. James E., 1956. "Rotwein (Eugénie) - David Hume: Writings in Economics", Revue Économique, Programme National Persée, 7(4), pp.674-674. Jevons, S., 1875. Money and the Mechanism of Exchange. available at . Keynes, J.M., 1930. A Treatise on Money, vols. I-II. New York: Harcourt, Brace and Co.; also in D.E. Moggridge (ed.), The Collected Writings of John Maynard Keynes, volumes. 5-6, London: Macmillan, 1971. Keynes, J.M., 1936. The General Theory of Employment, Interest and Money. London: Macmillan and Co.; also in D.E. Moggridge (ed.), The Collected Writings of John Maynard Keynes, vol. 7, London: Macmillan, 1973. Krugman, P. R. & Torsten Persson and Lars E.O. Svensson, 1982. Inflation, Interest Rates, and Welfare. The Quarterly Journal of Economics, 100(3), pp.677-95. Krugman, P. R. and Torsten Persson and Lars E.O. Svensson, 1982. Inflation, Monetary Velocity, and Welfare. NBER Working Papers 0987, National Bureau of Economic Research, Inc. Lerner, A., 1944. Interest theory – Supply and demand for loans or supply and demand for cash. The Review of Economics and Statistics, 26(2), May 1944, Available on Jstor: . Lerner, A., 1951. The essential properties of interest and money. The Quarterly Journal of Economics, 66(2), May 1952, Available on Jstor: . Lucas, R.E., 1972. Expectations and the Neutrality of Money. Journal of Economic Theory, 4(2), pp.103-24. Reprinted in Lucas, 1981. Lucas, R.E., 1976. Econometric Policy Evaluation: A critique. Carnegie-Rochester Conference Series on Public Policy, Vol. 1, p.19-46. Reprinted in Lucas, 1981. Lucas, R.E., 2000. Some Macroeconomics for the 21st Century. Robert E. Lucas, Jr.; The Journal of Economic Perspectives, 14(1), pp. 159-68. Machlup, F., 1935. The Stock Market, Credit and Capital Formation. New York: Columbia University Press, pp. 174-201. Mahr, A., 1933. Monetary Stability, and How to Achieve It. Public Policy Pamphlets, no. 9, Chicago: University of Chicago Press. McCandless, G. T. Jr. and Weber, W. E., 1995. Some Monetary Facts. Federal Reserve Bank of Minneapolis Quarterly Review, 19, pp.2–11. Menger, C, 1892. On the Origins of Money. Economic Journal, 2, pp.239-255. Mill, J. S., 1848. Principles of Political Economy with some of their Applications to Social Philosophy”, Part III.VII – Of money, Part III.VIII Of the value of money as dependent on demand and supply, Available at Econlib: ,http://www.econlib.org/library/Mill/mlP.html>. [Accessed in May 2011]. Mises, L. v., 1924. The Theory of Money and Credit, Indianapolis: Liberty Classics 1952, reprinted 1981, Available at: . Mises, L. v., 1966. Human Action, A Treatise on Economics, 3rd ed., Chicago: Henry Regnery, pp.408-16. Available at: . Modigliani, F., 1989. The Collected Papers of Franco Modigliani. Volume 4: Monetary Theory and Stabilization Policies, Editors: Andrew Abel & Simon Johnson, The MIT Press, MIT Press Books. Pakko, M. R., 1994. Inflation and Money Growth in the Former Soviet Union. International Economic Contributions, Federal Reserve Bank of St. Louis. Pelinescu, E. and Caraiani P., 2006. Does the inflation targeting have a positive role upon the convergence of the inflation rate?. Romanian Journal of Economic Forecasting, 7(3), pp.39–50. Pelinescu, E. and Scutaru, C., 2002. Determinants of Inflation in Romania. Oeconomica, nr.2, Societatea Română de Economie, Institutul Român Pentru Libera Iniţiativă, pp.65-86. Pigou, A. C., 1949. The veil of money, London: Macmillan, Available at: . [Accessed in May 2011]. Poole, W., 1994. Keep the M in Monetary Policy, Jobs & Capital. Milken Institute for Job & Capital Formation, Santa Monica, CA. Ricardo, D., 1810. The High Price of Bullion, a Proof of the Depreciation of Banknotes. Available at: . Salerno, J.T., 2009. Money: Sound and Unsound. Ludwig von Mises Institute, Available at: . Samuelson, P. A. and al., 1952. Monetary Policy to Combat Inflation”, The American Economic Review, 42(3), pp.384-391, Available at Jstor: . Smith, A., 1776. An Inquiry into the Nature and Causes of the Wealth of Nations. Edwin Cannan, ed. 1904. Library of Economics and Liberty, . [Accessed in May 2011]. Stiglitz, J., 1988. Imperfect Information, Credit Markets and Unemployment. NBER Working Papers 2093, National Bureau of Economic Research, Inc. Tobin, J., 1987. Essays in Economics, Vol. 1: Macroeconomics, First MIT Press Edition, Originally published by North-Holland Publishing Company, 1971, Available at: .