Relationship Between Inflation, Economic Growth and Unemployment: Empirical Analysis for Balkan Countries
Session
Management Business and Economics
Description
This study explores the relationship between economic growth, inflation and unemployment. The empirical analysis of the study is based on a panel of data for the Balkan countries covering the period from 1990 to 2025. The study, in addition to examining the relationship between economic growth, inflation and unemployment, will also test the causal relationship between them. To determine this relationship and to support the study hypotheses, various econometric models have been applied, such as: Ordinary Least Squares (OLS), Fixed Effects, Random Effects and Generalized Method of Moments (GMM).
Keywords:
Balkan countries, Economic growth, Inflation, Unemployment
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-982-41-2
Location
UBT Lipjan, Kosovo
Start Date
25-10-2025 9:00 AM
End Date
26-10-2025 6:00 PM
DOI
10.33107/ubt-ic.2025.438
Recommended Citation
Lubeniqi, Getoar, "Relationship Between Inflation, Economic Growth and Unemployment: Empirical Analysis for Balkan Countries" (2025). UBT International Conference. 53.
https://knowledgecenter.ubt-uni.net/conference/2025UBTIC/MBE/53
Relationship Between Inflation, Economic Growth and Unemployment: Empirical Analysis for Balkan Countries
UBT Lipjan, Kosovo
This study explores the relationship between economic growth, inflation and unemployment. The empirical analysis of the study is based on a panel of data for the Balkan countries covering the period from 1990 to 2025. The study, in addition to examining the relationship between economic growth, inflation and unemployment, will also test the causal relationship between them. To determine this relationship and to support the study hypotheses, various econometric models have been applied, such as: Ordinary Least Squares (OLS), Fixed Effects, Random Effects and Generalized Method of Moments (GMM).