Factors Determining Inflation in the American Economy: A Quantitative Analysis

Tsvetomir Tsvetkov – Sofia University “St. Kliment Ohridski”, Sofia, Bulgaria

Irina Atanasova – Southwest University “Neofit Rilski”, Blagoevgrad, Bulgaria

Abstract: This paper aims to examine the factors that determine inflation in the United States. To accomplish the research objective, a quantitative analy­sis employing the linear least squares method is conducted. The authors pres­ent empirical arguments that the factors that determine inflation in the US are structural-cost ones.

9th International Scientific ERAZ Conference – ERAZ 2023 – Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT, hybrid – online, virtually and in person, Prague, Czech Republic, June 1, 2023

ERAZ Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Logistics, University of Maribor, Maribor (Slovenia); University of National and World Economy – UNWE, Sofia (Bulgaria); Center for Political Research and Documentation (KEPET), Research Laboratory of the Department of Political Science of University of Crete (Greece); Institute of Public Finance – Zagreb (Croatia); Faculty of Tourism and Hospitality Ohrid, University of St. Kliment Ohridski from Bitola (North Macedonia)

ERAZ Conference 2023 Conference Proceedings: ISBN 978-86-80194-72-1, ISSN 2683-5568, DOI: https://doi.org/10.31410/ERAZ.2023

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

Suggested citation

Tsvetkov, T., & Atanasova, I. (2023). Factors Determining Inflation in the American Economy: A Quantitative Analysis. In V. Bevanda (Ed.), ERAZ Conference – Knowlegde Based Sustainable Development: Vol 9. Conference Proceedings (pp. 27-36). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ERAZ.2023.27

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