The Ararat Fiscal Strategy Model : A Structural Framework for Fiscal Policy Analysis in Armenia /

This paper presents an overview of the Ararat Fiscal Strategy Model (AFSM), which is a structural, New-Keynesian, DSGE, small open economy model with a rich fiscal block that includes several expenditure and revenue instruments, and types of debt. The AFSM is now a formal part of the Ministry of Fin...

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Bibliographic Details
Main Author: Babajanyan, Victoria
Other Authors: Baksa, Daniel, Fukac, Martin, Hakobyan, Eduard.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/118
Subjects:
Online Access:Full text available on IMF