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Macroeconomic factors influencing unemployment in Albania.

Authors :
ISARAJ, Loreta
HOXHAJ, Meleq
Source :
Revista Romana de Economie; 2021, Vol. 53, p56-67, 12p
Publication Year :
2021

Abstract

The aim of this paper is to analyze and better understand some of the main macroeconomic factors that affect unemployment in Albania. In Albania Unemployment is no longer at extreme levels of recent years, but it is still at a high level and a problem for the Albanian economy and society. We have used data for some of the main macroeconomic indicators obtained from the World Bank for the period 1991-2020, processed by EViews statistical program. The empirical results show that the link between unemployment and economic growth and link between inflation and unemployment is weakly positive, meanwhile trade has a negative impact on unemployment. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
12205567
Volume :
53
Database :
Supplemental Index
Journal :
Revista Romana de Economie
Publication Type :
Academic Journal
Accession number :
155857775