Transmission Mechanisms of Monetary Policy in Armenia Evidence from VAR Analysis
This paper examines monetary policy transmission in Armenia in light of the authorities'' intention to shift to an inflation-targeting regime over the medium term. We find that the capability of monetary policy to influence economic activity and inflation is still limited, as important cha...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2006
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Schriftenreihe: | IMF Working Papers
Working Paper No. 06/248 |
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Transmission mechanisms of monetary policy in Armenia evidence from VAR analysis
Veröffentlicht 2006
Elektronisch
E-Book