The Transmission Mechanism in Armenia : New Evidence from a Regime Switching VAR Analysis

New Evidence from a Regime Switching VAR Analysis

The Transmission Mechanism in Armenia : New Evidence from a Regime Switching VAR Analysis
The introduction of inflation targeting in 2006, together with important economic developments such as dedollarization, marked the beginning of a new macroeconomic framework in Armenia, which is likely to have changed the effectiveness of monetary policy. This paper is the first attempt to analyze whether the transmission mechanism in Armenia... READ MORE...

Publication date: November 2010
ISBN 9781455210770
$18.00

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