A STATISTICAL ANALYSIS OF THE IMPACT OF THE INFORMAL ECONOMY ON THE COMPORTMENT OF THE EXCHANGE RATES IN ALBANIA
Ines Dika
Pages: 201-211
Published: 23 Oct 2023
DOI: 10.62991/EB1996204474
Views: 1,410
Downloads: 157
Citations: 1 (Google Scholar)
Citations: 1 (OpenAlex)
Abstract: The use of foreign currencies as partial substitute of national currency is qualified herein as contributors for a relatively good conduct of the Euro-ALL FX rates. Its effect is considerable due to the significant size of the informal sector where this economic event takes place, and by other cash inflows from Euro zone-economies. At the same time, those occurrences have contributed on the over- evaluation of the national currency but imposed high nonstationary of the rate of return distribution and large multifractality spectrum of the exchange prices.
Keywords: exchange rates, informal economy, stationarity
Cite this article: Ines Dika. A STATISTICAL ANALYSIS OF THE IMPACT OF THE INFORMAL ECONOMY ON THE COMPORTMENT OF THE EXCHANGE RATES IN ALBANIA. Journal of International Scientific Publications: Economy & Business 17, 201-211 (2023). https://doi.org/10.62991/EB1996204474
Back to the contents of the volume
© 2026 The Author(s). This is an open access article distributed under the terms of the
Creative Commons Attribution License https://creativecommons.org/licenses/by/4.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This permission does not cover any third party copyrighted material which may appear in the work requested.
Disclaimer: The Publisher and/or the editor(s) are not responsible for the statements, opinions, and data contained in any published works. These are solely the views of the individual author(s) and contributor(s). The Publisher and/or the editor(s) disclaim any liability for injury to individuals or property arising from the ideas, methods, instructions, or products mentioned in the content.
