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An Assessment of Monetary policy in Albania since 1990 Monetary policy strategies for transition economies - Hilda Shijaku
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An Assessment of Monetary policy in Albania since 1990 Monetary policy strategies for transition economies - neues Buch

2010, ISBN: 9783838356976

Kartoniert, 388 Seiten, 220mm x 150mm x 24mm, Sprache(n): eng It has been argued that monetary policy in Albania conducted under the IMF¿s financial programming has provided a successful … Mehr…

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Hilda Shijaku:

An Assessment of Monetary policy in Albania since 1990 : Monetary policy strategies for transition economies - Taschenbuch

2010, ISBN: 3838356977

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Shijaku, Hilda:
An Assessment of Monetary policy in Albania since 1990 Monetary policy strategies for transition economies - Taschenbuch

2010

ISBN: 3838356977

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Shijaku, Hilda:
An Assessment of Monetary policy in Albania since 1990: Monetary policy strategies for transition economies - Taschenbuch

2010, ISBN: 3838356977

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Shijaku, Hilda:
An Assessment of Monetary policy in Albania since 1990: Monetary policy strategies for transition economies - Taschenbuch

2010, ISBN: 3838356977

[EAN: 9783838356976], Neubuch, [PU: LAP LAMBERT Academic Publishing], Books

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An Assessment of Monetary policy in Albania since 1990: Monetary policy strategies for transition economies

It has been argued that monetary policy in Albania conducted under the IMF's financial programming has provided a successful framework for balancing the economy through the past decade. The purpose of this book is to assess monetary policy in Albania during the last decade and to reflect on its likely future development. We test the crucial assumption of the IMF programme in Albania: that of the stability of the demand for money. Using a system of equations, a long run cointegration of the monetary aggregate and other variables of interest is found in the form of a money demand equation, once a structural break occurring in 1997 is taken into account. We also examine the transmission mechanisms in order to identify the role of monetary policy in stabilising the economy. We find no significant interest rate effects on both the price level and output, while shocks in the exchange rate induce output variability. Following the introduction of inflation targeting as a new strategy of monetary policy in Albania and based on our findings, we recommend the inclusion of monetary aggregates to inform policy making.

Detailangaben zum Buch - An Assessment of Monetary policy in Albania since 1990: Monetary policy strategies for transition economies


EAN (ISBN-13): 9783838356976
ISBN (ISBN-10): 3838356977
Gebundene Ausgabe
Taschenbuch
Erscheinungsjahr: 2010
Herausgeber: LAP Lambert Acad. Publ.

Buch in der Datenbank seit 2009-07-10T02:28:19+02:00 (Zurich)
Detailseite zuletzt geändert am 2023-12-24T10:19:37+01:00 (Zurich)
ISBN/EAN: 9783838356976

ISBN - alternative Schreibweisen:
3-8383-5697-7, 978-3-8383-5697-6
Alternative Schreibweisen und verwandte Suchbegriffe:
Titel des Buches: albania transition, 1990, monetary policy and


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