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At the end of the postwar period, the politically shaped configurations of normatively integrated European political economies differed greatly among "social-market" and "liberal market economies." Such differences persist even though the characteristic achievements of social market economies...
Persistent link: https://www.econbiz.de/10010459717
This paper examines the phenomenon of financial euroization in Albania, focusing on the liability side of the banking … paper finds evidence that euroization rates are highly persistent in Albania, while being influenced by several factors such …
Persistent link: https://www.econbiz.de/10011279766
Based on the experience of the Bank of Albania, the paper proposes a framework to estimate the interest rate lower …
Persistent link: https://www.econbiz.de/10011848127
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is derived from the experience of Albania. The paper is the first attempt to provide an empirical measure of the optimal … level of euroization. The results indicate that euroization is trending above the estimated measure in Albania, calling for …
Persistent link: https://www.econbiz.de/10011799246
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