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 channels...
Clasificación: | Libro Electrónico |
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Autores principales: | , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
[Washington, D.C.] :
International Monetary Fund,
2006.
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Colección: | IMF working paper ;
WP/06/248. |
Temas: | |
Acceso en línea: | Texto completo |