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Macroeconomic Adjustment in Armenia : The Role of External Factors

Journal Name:

  • Eurasian Journal of Business and Economics

Publication Year:

  • 2010

Key Words:

Author NameFaculty of Author
Abstract (2. Language): 
This paper develops a small macroeconomic model of the Armenian economy. After setting up the model and its estimation, a number of macroeconomic scenarios is analyzed in the form of out-of-sample simulations. We analyze the transmissions in the model of a number of macroeconomic shocks and policy scenarios to obtain a better understanding of their possible effects on the internal and external balance of the Armenian economy. A special focus is put on the role of exchange rate and monetary management and the inflow of remittances in the Armenian economy.
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  • 5
51-75
  • English

JEL Codes:

REFERENCES

References: 

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