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The main determinants of inflation in Albania (English)

The authors investigate the behavior and determinants of inflation in Albania, using three approaches. They decompose inflation into four components: seasonal, cyclical, trend, and random: rely on the widely used Granger causality test, using disaggregated data on both the consumer price index (CPI) and key economic variables; and apply cointegration and error correction techniques to the process of inflation, using a simple theoretical model. Using...
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Domac, Iker; Elbirt, Carolos.

The main determinants of inflation in Albania (English). Policy, Research working paper ; no. WPS 1930 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/805831468768551940

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