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Achieving Stabilization in Armenia1

Achieving Stabilization in Armenia1 »

Source: Achieving Stabilization in Armenia

Volume/Issue: 1998/38

Series: IMF Working Papers

Author(s): Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

ISBN: 9781451845662

Keywords: transition economy, fiscal impulse, monetary impulse, currency substitution, inflation, monetary policy, inflation tax, foreign currency, foreign exchange

This paper examines the evolution, and impact on stabilization, of macroeconomic policies in Armenia during 1994-96. Fiscal and monetary policies have been effective in stabilizing the Armenian economy and facilita...

Exchange Rate, Money, and Wages

Exchange Rate, Money, and Wages »

Source: Exchange Rate, Money, and Wages : What is Driving Prices in Armenia?

Volume/Issue: 2004/229

Series: IMF Working Papers

Author(s): Armine Khachatryan , David Grigorian , and Grigor Sargsyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2004

ISBN: 9781451875508

Keywords: price dynamics, error correction model, inflation, foreign exchange, money market, central bank, Money and Interest Rates, Central Banking, and the Supply of Money and Credit, Macroeconomic Aspects of International Trade and Finance,

This paper is the first attempt to look at inflation dynamics and monetary transmission mechanisms in Armenia in the context of a full information model containing three interrelated markets: foreign exchange, mone...

A New Keynesian Model of the Armenian Economy

A New Keynesian Model of the Armenian Economy »

Volume/Issue: 2009/66

Series: IMF Working Papers

Author(s): Ara Stepanyan , Era Dabla-Norris , and Ashot Mkrtchyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

DOI: http://dx.doi.org/10.5089/9781451872132.001

ISBN: 9781451872132

Keywords: Macroeconomic Models, inflation, exchange rate, real exchange rate,

This paper develops a small open economy dynamic stochastic general equilibrium (DSGE) model of the Armenian economy. The structure of the model is largely motivated by recent developments in DSGE modeling, with ke...

Achieving Stabilization in Armenia

Achieving Stabilization in Armenia »

Volume/Issue: 1998/38

Series: IMF Working Papers

Author(s): Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

DOI: http://dx.doi.org/10.5089/9781451845662.001

ISBN: 9781451845662

Keywords: transition economy, fiscal impulse, monetary impulse, currency substitution, inflation, monetary policy, inflation tax, foreign currency, foreign exchange

This paper examines the evolution, and impact on stabilization, of macroeconomic policies in Armenia during 1994-96. Fiscal and monetary policies have been effective in stabilizing the Armenian economy and facilita...

Exchange Rate, Money, and Wages
			: What is Driving Prices in Armenia?

Exchange Rate, Money, and Wages : What is Driving Prices in Armenia? »

Volume/Issue: 2004/229

Series: IMF Working Papers

Author(s): Armine Khachatryan , David Grigorian , and Grigor Sargsyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2004

DOI: http://dx.doi.org/10.5089/9781451875508.001

ISBN: 9781451875508

Keywords: price dynamics, error correction model, inflation, foreign exchange, money market, central bank, Money and Interest Rates, Central Banking, and the Supply of Money and Credit, Macroeconomic Aspects of International Trade and Finance,

This paper is the first attempt to look at inflation dynamics and monetary transmission mechanisms in Armenia in the context of a full information model containing three interrelated markets: foreign exchange, mone...

A New Keynesian Model of the Armenian Economy

A New Keynesian Model of the Armenian Economy »

Source: A New Keynesian Model of the Armenian Economy

Volume/Issue: 2009/66

Series: IMF Working Papers

Author(s): Ara Stepanyan , Era Dabla-Norris , and Ashot Mkrtchyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

ISBN: 9781451872132

Keywords: Macroeconomic Models, inflation, exchange rate, real exchange rate,

This paper develops a small open economy dynamic stochastic general equilibrium (DSGE) model of the Armenian economy. The structure of the model is largely motivated by recent developments in DSGE modeling, with ke...