Spillovers from Global and Regional Shocks to Armenia /

Using a structural vector auto-regression (SVAR) model, this paper examines the size, geographical sources, and transmission channels of global and regional shocks to the Armenian economy. Results show that Armenian economic activity is strongly influenced by global demand shocks and changes in oil...

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Bibliographic Details
Main Author: Ayvazyan, Knarik
Other Authors: Daban Sanchez, Teresa
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/241
Online Access:Full text available on IMF