摘要
The main purpose of the present study is to investigate the relation between inflation rate and unemployment rate in contemporary democratic states, using Spearman＇s correlation coefficient. We apply this method in Albania during the period from January 2005 to December 2014. Some results of the study include： （1） The Central Limit Theorem （CLT） is not applicable for the quarterly inflation rate as well as for quarterly unemployment rate in Albania during the period from January 2005 to December 2014 at the confidence level of 99.99%. The official data for inflation and unemployment contradict the CLT at a very high confidence level of 99.99%; （2） The inflation process in Albania during the period from January 2005 to December 2014 is an unfair game at the confidence level of 99.2%; （3） The unemployment process in Albania during the period from January 2005 to December 2014 is an unfair game at the confidence level of 99.99%; （4） The inflation and unemployment in Albania during the period from January 2005 to December 2014 are statistically dependent at the 96% confidence level; （5） Spearman＇s correlation coefficient = 0.387 indicates a weak positive correlation between inflation and unemployment in Albania during the specified period; and （6） The official data for inflation and unemployment in Albania during the period from January 2005 to December 2014 are consistent with Friedman＇s hypothesis.
