Exchange Rate, Money, and Wages : What is Driving Prices in Armenia? /
This paper is the first attempt to look at inflation dynamics and monetary transmission mechanisms in Armenia in the context of a full information model containing three interrelated markets: foreign exchange, money, and labor. Using the vector error correction model (VECM) approach, we find that th...
| Главный автор: | |
|---|---|
| Другие авторы: | , |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2004.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2004/229 |
| Online-ссылка: | Full text available on IMF |