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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Xehetasun bibliografikoak
Egile nagusia: Khachatryan, Armine
Beste egile batzuk: Grigorian, David, Sargsyan, Grigor
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2004.
Saila:IMF Working Papers; Working Paper ; No. 2004/229
Sarrera elektronikoa:Full text available on IMF