Research Papers
The Research Papers consist of research studies and analyses on subjects related to theoretical and practical aspects, relevant for current and future economic and financial developments.
Note: The views expressed in the Research Papers are solely of the author/s and do not necessarily reflect those of the Bank of Albania.
Research Papers
Macro econometric Albanian model (Meam): An update of the main equations and model elasticities
Authors: LORENA SKUFI, EGLENT KIKA, ENIAN ÇELA
The Macro Econometric Albanian Model (MEAM) is a semi-structural model consistent with neo-classical growth models for small-open economies. While the long-run properties are closely linked to theory, the short-run dynamics are estimated and data driven.
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