The Transmission Mechanism in Armenia : New Evidence from a Regime Switching VAR Analysis.
The introduction of inflation targeting in 2006, together with important economic developments such as dedollarization, marked the beginning of a new macroeconomic framework in Armenia, which is likely to have changed the effectiveness of monetary policy. This paper is the first attempt to analyze w...
Erakunde egilea: | |
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Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2010.
|
Saila: | IMF Working Papers; Working Paper ;
No. 2010/270 |
Sarrera elektronikoa: | Full text available on IMF |