Macroeconomic Adjustment in Armenia: The Role of External Factors
This paper develops a small macroeconomic model of the Armenian economy. After setting up the model and its estimation, a number of macroeconomic scenarios is analyzed in the form of out-of-sample simulations. We analyze the transmissions in the model of a number of macroeconomic shocks and policy s...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Ala-Too International University
2010-05-01
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Series: | Eurasian Journal of Business and Economics |
Subjects: | |
Online Access: | http://ejbe.org/EJBE2010Vol03No05p51VANAARLE-SOSOIAN.pdf |