ekonal

Albania's first non-partisan economics blog, focused on national issues and global developments.

[ScPoEcon @ScPoEcon]

If you hold a Master's in Economics, love econometrics & methods in causal inference, and programming in Stata and R even more: 📢
Clément de CHAISEMARTIN (@CdeChaisemartin)
is looking for research assistants for his ERC project.
Info: https://t.co/RhTtFJdVHw
cc @ScPoResearch

[ekonal @ekonal]

A 2012 article on the Euro crisis by @EndritYzeiraj implicitly refers to their model for understanding a run on a currency.

https://t.co/WnIlYKOIRx

[ekonal @ekonal]

A well-deserved Nobel prize for establishing the Diamond-Dybvig model - an essential idea for understanding financial crises and bank runs.

[ekonal @ekonal]

The Albanian gerontocracy: why Albania's political and economic elite is unable to renew itself?
https://t.co/mi6zfb8hKW

[ekonal @ekonal]

Dear friends,

Following a series of technical issues with our old blog, we are moving to Substack. The new blog website is https://t.co/jqS24nFQgK.

We are still in the process of recovering our old articles. Any assistance and support are appreciated.

[ekonal @ekonal]

A supply shock leaves policymakers with few short-term fiscal or monetary options with which to intervene. It is thus likely that inflationary pressures will continue to remain high for the foreseeable future.

Read more about supply and demand shocks:
https://t.co/C7neI7HlQ6

[ekonal @ekonal]

Inflation in Albania during March 2022 surged to 5.7%. It is the highest rate in over 20 years. Both cases were caused by supply shocks, mostly from the energy sector, and not an expansive monetary policy.

[ekonal @ekonal]

Econ 101 tells a clear story on the price increases: it is a #supply-side shock, not a #demand one. The implications are entirely different from those that protesters and government officials in Albania are talking about.

For more, read our latest post:

https://t.co/C7neI7HTFE

[ekonal @ekonal]

Unlike what you might have heard, #Albania's #oil #price problems are not a result of its #taxation system. They reflect the #monopolistic nature of the Albanian oil #market.

For more, read our latest post by @EndritYzeiraj:
https://t.co/1JJjcxHIpD

[ekonal @ekonal]

The war in Ukraine is different from almost every other conflict since World War II. It is changing the world we know and its effects will be felt for a long time to come in our country and region.

- Read today on @ekonal by @EndritYzeiraj
https://t.co/qewOh3m5tB

[ekonal @ekonal]

The 2021 #Nobel was awarded to economists who contributed heavily in shifting the field towards empirical, policy-oriented research. However, some of their results remain controversial to this day according to Klajdi Bregu (@AlbEconomist).

Read more at:https://t.co/lFYwgpXysl

[ekonal @ekonal]

You can watch our full interview with @Rei_Nace on the challenges of the Albanian #energy system in the link below from our YouTube channel.

https://t.co/81L0LgSgKc

[ekonal @ekonal]

What are the challenges of the Albanian #energy sector? Is the sector prepared for the energy #crisis? What are the solutions to the problems it faces?

For these and more, tomorrow at 20:00 live on @ekonal's Facebook page, we will be discussing with our guest @Rei_Nace.

[ekonal @ekonal]

2021Q2 data show that #Albania's #GDP economy is now larger than its #prepandemic level. As was often claimed by economists, this was a v-shaped recovery with little to no relation compared to the 2008 Financial Crisis. Its implications will be a topic for future discussions.

[ekonal @ekonal]

Why are #prices increasing worldwide and in Albania? What are the long-term implications for our country?

We discussed these and more on @ekonal with @azmistringa and @EndritYzeiraj

#growth #monetarypolicy #interestrates

https://t.co/l8EXww7LO6

[ekonal @ekonal]

Follow us live on our Facebook page tomorrow for a further discussion on what is driving inflation in global markets as well as the short and long-term implications for Albania.

#inflation #monetarypolicy #growth

[ekonal @ekonal]

An era of low inflation and interest rates is possibly coming to an end. The impact this will have on everyday lives will be a meaningful one.

For more, read on our blog today by @EndritYzeiraj : https://t.co/elaixvJcFX

#inflation #interestrates #Centralbanks

[Nate Silver @NateSilver538]

Maybe the CDC should have waited for this more robust data instead of declaring everything had changed because of Provincetown Bear Week.

[The Olympic Games™ @Olympics]

A famous moment for Kosovo!

Distria Krasniqi wins #gold in the #judo women’s 48kg event!

#KOS | @Judo | #Tokyo2020

[ekonal @ekonal]

Tomorrow at 20:00, live on our Facebook page, @tonihax joins us to discuss the #fiscal packages proposed by the two main parties ahead of the #2021elections.