We analyse the profile of potential emigrants from Albania using data from the Central and Eastern Europe Eurobarometer in 1992. Respondents were asked to rate on a four-point scale the likelihood that they would go to Western Europe to live and work. Our results show that the intention to...

This paper uses high-frequency data to examine the relation between official and free-market exchange rates in Albania. We use daily data to test econometrically, first, whether the official and free markets are efficient, in the sense that one cannot use exchange rate movements denominated in...

Rising unemployment and falling living standards are two of the main problems facing economies in transition. In this paper, we present recent developments in labour markets in former communist countries in Europe, and we highlight the distinctive case of Albania, which has the highest levels of...

In this paper, using the framework of a Roy theoretical model, we examine the performance of return migrants in Albania. We ask two questions: (i) Had they chosen not to migrate, what would be the performance of return migrants compared to the non-migrants? and (ii) What would be the performance...

This note reports the results of field surveys of individuals and firms in Albania, carried out during 1998. The surveys were designed to analyse the extent of emigration from Albania during the 1990s and its causes and consequences. Our results show that emigrants are motivated mainly by the...

This paper analyses the determinants of inflation in Albania during the transition period. We attempt to explain how albania has been so successful in reducing inflation to a level comparable to many countries in the European Union. We discuss the relative importance of monetary, fiscal, and...