Showing 1 - 10 of 179
This paper examines the evolution, and impact on stabilization, of macroeconomic policies in Armenia during 1994 …
Persistent link: https://www.econbiz.de/10014401802
Persistent link: https://www.econbiz.de/10009572322
estimate a New Keynesian Phillips curve for Armenia, suggesting a significant role of the output gap and inflation expectations … the cyclically-adjusted fiscal balance. Most of Armenia’s fiscal deficit is found to be structural. Fiscal policy, while …
Persistent link: https://www.econbiz.de/10014398416
Persistent link: https://www.econbiz.de/10009488614
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...
Persistent link: https://www.econbiz.de/10012418027
Despite recording double digit growth since 2000, Armenia''s tax-to-GDP ratio has been fairly stable at about 141 …⁄2 percent. This paper catalogues a range of factors that may account for Armenia''s stubbornly for tax collection by … benchmarking Armenia''s tax-to-GDP against some comparator countries and conducting an extensive econometric study of the main …
Persistent link: https://www.econbiz.de/10014399977
This paper reviews the current monetary and exchange rate policy frameworks in Armenia and Georgia, and the challenges …
Persistent link: https://www.econbiz.de/10014400335
This paper examines monetary policy transmission in Armenia in light of the authorities'' intention to shift to an …
Persistent link: https://www.econbiz.de/10014400362
growth, financial intermediation in Armenia has lagged behind other transition countries, and interest rate spreads have … interest rate spreads and margins in Armenia using a bank-level panel dataset for the period 2002 to 2006. We find that bank …
Persistent link: https://www.econbiz.de/10014400900
The significant real exchange rate appreciation in Armenia and Georgia since 2003, coupled with persistent current …
Persistent link: https://www.econbiz.de/10014401472