Inflation in Albania

Author/Editor:

Philipp C Rother

Publication Date:

December 1, 2000

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

As Albania has succeeded in reducing inflation to very low levels, understanding the driving forces behind the behavior of the price level becomes increasingly important for policy design. In particular, persistent changes in relative prices may contribute to movements of the aggregate price level, and policymakers need to decide to what extent such effects should be accommodated. The present study provides insight into the nature and extent of relative price adjustments during the transition period, and argues that some of their inflationary effects should not be resisted.

Series:

Working Paper No. 00/207

Subject:

English

Publication Date:

December 1, 2000

ISBN/ISSN:

9781451874648/1018-5941

Stock No:

WPIEA2072000

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

28

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