A STATISTICAL ANALYSIS OF THE IMPACT OF THE INFORMAL ECONOMY ON THE COMPORTMENT OF THE EXCHANGE RATES IN ALBANIA
Ines Dika
Strony: 201-211
Opublikowano: 23 Oct 2023
DOI: 10.62991/EB1996204474
Wyświetlenia: 1,179
Pobrania: 117
Citations: 1 (Google Scholar)
Citations: 1 (OpenAlex)
Streszczenie: 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.
Słowa kluczowe: exchange rates, informal economy, stationarity
Cytowanie artykułu: 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
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