Series: IMF Working Papers
Author(s): Knarik Ayvazyan , and Teresa Daban Sanchez
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 23 November 2015
Keywords: Spillovers, Trade, Business cycles, Transmission channels, SVAR, economy, trading partners, regional shocks, oil prices, General
Using a structural vector auto-regression (SVAR) model, this paper examines the size, geographical sources, and transmission channels of global and regional shocks to the Armenian economy. Results show that Armenia...