Exchange Rate, Money, and Wages : What is Driving Prices in Armenia? /
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, money, and labor. Using the vector error correction model (VECM) approach, we find that th...
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| Altres autors: | , |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2004.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2004/229 |
| Accés en línia: | Full text available on IMF |