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Is the floating exchange rate a shock absorber in Albania? Evidence from SVAR models

The choice of a foreign exchange regime hinges primarily on whether the real exchange rate acts as a shock absorber or reverberator for macroeconomic fluctuations. This policy choice is considered central especially prior to joining currency areas such as the Eurozone. We investigate whether Albania...

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Detalles Bibliográficos
Autores principales: Miteza, Ilir, Tanku, Altin, Vika, Ilir
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9805907/
http://dx.doi.org/10.1007/s10644-022-09471-8