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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Khachatryan, Armine
Muut tekijät: Grigorian, David, Sargsyan, Grigor
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2004.
Sarja:IMF Working Papers; Working Paper ; No. 2004/229
Linkit:Full text available on IMF