Nonperforming Loans in Albania

Authors

  • Güngör Turan
  • Arjeta Koskija

Abstract

This paper examines the continuous increase of nonperforming loans in Albania as a result of the problems caused by economics crisis and the decrease of incomes coming from emigrants. The methodology used consists on applying Johansen multivariate co-integration test to show the long-run relationship that exists between nonperforming loans and: real GDP; unemployment; inflation; loan interest rate; and remittance. The data taken are calculated on quarterly basis from 2003 to 2013. The results show that nonperforming loans and all these variables are co-integrated but this is a weak co-integration in the long run.

DOI: 10.5901/ajis.2014.v3n3p491

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Published

05-08-2014

Issue

Vol. 3 No. 3 (2014): Special Issue - June 2014

Section

Research Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

 

How to Cite

Nonperforming Loans in Albania. (2014). Academic Journal of Interdisciplinary Studies, 3(3), 491. https://www.richtmann.org/journal/index.php/ajis/article/view/3451