Babken Pashinyan

Ministry of Finance of Armenia

  • Ministry of Finance of Armenia

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The Ararat Fiscal Strategy Model: A Structural Framework for Fiscal Policy Analysis in Armenia

IMF Working Paper No. 2022/118
Number of pages: 64 Posted: 27 Jun 2022
Victoria Babajanyan, Daniel Baksa, Martin Fukac, Eduard Hakobyan, Arshaluys Harutyunyan, Narek Karapetyan, Garik Petrosyan, Babken Pashinyan and Luis-Felipe Zanna
Eurasian Developement Bank, International Monetary Fund (IMF), The Caucasus, Central Asia, and Mongolia Regional Capacity Development Center, Ministry of Finance of Armenia, Ministry of Finance of Armenia, Ministry of Finance of Armenia, Ministry of Finance of Armenia, Ministry of Finance of Armenia and International Monetary Fund (IMF)
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Structural model, DSGE model, fiscal rules, scenario analysis, financial programming, Armenia, Covid-19, AFSM simulation, shock decomposition, fiscal policy multiplier, AFSM application, overview of the Ararat Fiscal Strategy Model, Consumption, Public investment spending, Current spending, Global