Published Research on Armenia
2012
Deep Trade Policy Options for Armenia: The Importance of Trade Facilitation, Services and
Standards
Liberalization, Jesper Jensen and David G. Tarr, Economics: The Open-Access,
Open-Assessment E-Journal, Vol. 6, 2012-1

2011
Armenia: An Assessment of the Real Exchange Rate and Competitiveness, Anke Weber and
Chunfang Yang, IMF Working Paper 11/20, January 1, 2011.

2010
The Transmission Mechanism in Armenia: New Evidence from a Regime Switching VAR
Analysis
, Anna Rose Bordon and Anke Weber, IMF Working Paper 10/270, November 2010.
Estimates of the Output Gap in Armenia with Applications to Monetary and Fiscal Policy,
Asmaa El-Ganainy and Anke Weber, IMF Working Paper No. 10/197, August 2010.

2009
In Search of a Dramatic Equilibrium: Was the Armenian Dram Overvalued? Nienke Oomes,
Gohar Minasyan, and Ara Stepanyan, IMF Working Paper No. 09/49, March 2009.

2008
Inflation Targeting in Armenia: Monetary Policy in Transition, King Banaian, David M Kemme
and Grigor Sargsyan, Comparative Economic Studies, vol. 50, no. 3, September 2008.
Estimating Equilibrium Exchange Rates for Armenia and Georgia, Omar AlShehabi and
Shuang Ding, IMF Working Paper No. 08/110, April 2008.
Modeling Foreign Exchange Risk Premium in Armenia, Tigran Poghosyan, Evzen Kocenda
and Petr Zemcik, Emerging Markets Finance and Trade, vol. 44, no. 1, January-February
2008
Microeconomic Implications of Remittances in an Overlapping Generations Model with
Altruism and
Self-Interest, David A. Grigorian and Tigran A. Melkonyan, IMF Working Paper
No. 08/19, January 2008.
2007
Bank Efficiency and Market Structure: What Determines Banking Spreads in Armenia? Era
Dabla-Norris and Holger Floerkemeier, IMF Working Paper No. 07/134, June 2007.
Bringing Something Different to the Table: Potentials of Public-Private Partnerships for
Armenia
and Other Developing/Transition Countries, Richard Beilock, David Grigorian and
Yvonne Reinertson, Armenian Journal of Public Policy, January, 2007.
Estimation of Transaction Costs during Tax Collection Process, Tigran Jrbashyan and Davit
Harutyunyan, Armenian Journal of Public Policy, January, 2007.
Business Climate, Productivity, and Competitiveness in Armenia: 2002-2005, Giuseppe
Iarossi, Federica Saliola and Giovanni Tanzillo, Armenian Journal of Public Policy, January,
2007.
Remittances in Armenia II: The Impacts of Remittances on the Economy and Measures to
Enhance
Their Contribution to Development, King Banaian and Bryan Roberts, Armenian
Journal of Public Policy, January, 2007.
The Role of the Diaspora in Generating Foreign Direct Investments in Armenia, Manuk
Hergnyan and Anna Makaryan, Armenian Journal of Public Policy, January, 2007.

2006
From Crisis to Stability in the Armenian Power Sector: Lessons Learned from Armenia’s
Energy
Reform Experience, Gevorg Sargsyan, Ani Balabanyan, Denzel Hankinson, The World
Bank, Washington, D.C. February, 2006.

2005
Strategic Requirements for Next Stage Financial Sector Reform in Armenia, Michael Borish,
Armenian Journal of Public Policy, December, 2005.
Policies for Financial Sector Development: When and How to Build a Public-Private
Partnership?
Luigi Passamonti, Armenian Journal of Public Policy, December, 2005.
Legal Issues for Development of the Mortgage Market in Armenia, Carol Rabenhorst,
Armenian Journal of Public Policy, December, 2005.
Housing Finance in Armenia, William Britt Gwinner, Armenian Journal of Public Policy,
December, 2005.
Instruments to Develop Fully Integrated Primary and Secondary Market in Housing Finance
in Armenia
, Friedemann Roy, Armenian Journal of Public Policy, December, 2005.
Armenia After a Decade of Reform, Enrique Gelbard, Armenian Journal of Public Policy,
September, 2005.
Issues Related to Promoting a Competitive Business Environment in Armenia, Paul Holden
and Vahe Sahakyan, Armenian Journal of Public Policy, September, 2005.
Health Care in Armenia: Challenges and Prospects, Susanna Hayrapetyan and Ara
Khanjian, Armenian Journal of Public Policy, September, 2005.
Remittances in Armenia: How Big Are Remittance Flows to Armenia, and How Much Does It
Cost to
Send Them? Bryan W. Roberts and King Banaian, Armenian Journal of Public Policy,
September, 2005.
The Value of Cultural Heritage Sites in Armenia: Evidence from a Travel Cost Method Study,
Anna Alberini and Alberto Longo, NOTA DI LAVORO 112.2005, September 2005, Fondazione
Eni Enrico Mattei.
Basic Trends in the Development of Professional Higher Education in Armenia, Anna L.
Aslanyan, International Education Journal, 2005, 6(3), 335-342.
Impact of Regulated Price Adjustments on Price Variability in a Very Low Inflation Transition
Economy:
Case of Armenia, Aghassi Mkrtchyan, European Journal of Comparative
Economics, vol. 2, n. 1, 2005, 17-39.
The Measurement of Co-Circulation of Currencies and Dollarization in the Republic of
Armenia
, Hakob Zoryan, European Journal of Comparative Economics, vol. 2, n. 1, 2005,
41-65.
The evolution of competition in banking in a transition economy: an application of the
Panzar-Rosse model to Armenia, Armenuhi Mkrtchyan, European Journal of Comparative
Economics, vol. 2, n. 1, 2005, 67-82.
Core inflation in a small transition country: choice of optimal measures, Gagik G
Aghajanyan, European Journal of Comparative Economics, vol. 2, n. 1, 2005, 83-110.
A Statistical Booklet "Women and Men in Armenia," United Nations Development
Programme, 2005.
"Armenia Social Trends" Bulletin: Issue Seven, United Nations Development Programme,
2005.
Report on the Results of the National Survey on the Drug, Alcohol and Smoking Prevalence
among the
General Population, United Nations Development Programme, 2005.
2004
Armenia Competitiveness Assessment, Nathan Associates Inc. and J.E. Austin Associates
Inc., USAID/Yerevan under contract NO. PCE-I-837-98-00016-00, June 2004.
Poverty, Inequality, and Growth in Armenia: Cross-Country Evidence, Garbis Iradian,
Armenian Journal of Public Policy, March, 2004.
Armenia's Trade Performance and the Effect of Closed Borders: A Cross-Country
Perspective
, Lev Freinkman, Evgeny Polyakov, and Carolina Revenco, Armenian Journal of
Public Policy, March, 2004.
Taxes, Investment Incentives, and the Cost of Capital in Armenia, David Joulfaian and Lilit
Melikyan, Armenian Journal of Public Policy, March, 2004.
Exchange Rate, Money, and Wages: What is Driving Prices in Armenia, David Grigorian,
Armine Khachatryan, and Grigor Sargsyan, Armenian Journal of Public Policy, March, 2004.
Pension System Reforms within the Context of Poverty Reduction in Armenia, Gohar
Jerbashian and Artem Asatryan, Armenian Journal of Public Policy, March, 2004
2003
Costing-out the Big Bang: Impact of External Shocks on the Armenian Economy at the
Outset of
Transition, Vahram Avanesyan and Lev Freinkman, Armenian Journal of Public
Policy, September, 2003.
Armenia: The Road to Sustained Rapid Growth, Garbis Iradian, Armenian Journal of Public
Policy, September, 2003.
Banking Sector in Armenia: What Would it Take to Turn a Basket Case into a Beauty Case?
David A. Grigorian, Armenian Journal of Public Policy, September, 2003.
Helping Armenia without Helping the Blockade, Richard Beilock, Armenian Journal of Public
Policy, September, 2003.
Testing Purchasing Power Parity: Results from a New Foreign Exchange Market, Nicholas
Apergis, Applied Economics Letters, February 2003, Volume 10, Number 2 / 10, pp. 91-95.
2002
Capacity Building in Economics Education and Research in Transition Economies, Boris
Pleskovic, Anders Åslund, William Bader, Robert Campbell, January 2002.

2001
Pareto-optimal electricity tariff rates in the Republic of Armenia, Mark J. Kaiser, Energy
Economics, Volume 22, Number 4, 1 August 2000, pp. 463-495(33).