Annual Report 2019
ANNUAL
REPORT 2019
47
Alternatives to community development, financial
involvement and funding.
In 2019 the Central Bank carried out analyses on setting up a
database on tax revenue and rates of taxation, on anchoring long-
term inflation expectations for inflation-targeting central banks, and
conducted research on the potential for tax revenues, elasticity and
Laffer curve. The methodology for evaluating the "Financial Education
at Schools" program was developed.
The following working papers were published in 2019:
“Do Remittances Worsen Export Diversification?” as a
discussion paper, in Economics - ejournal.
“Multivariate Filter Estimation of Potential Output for the
United States: An Extension with Labor Market Hysteresis"
as a working paper of the IMF.
"Mind the Gaps! Work on Financial-Cycle Output Gaps and
Monetary Policy-Relevant Output Gaps" as a working paper
from the London School of Economics and Political Science,
Institute for Global Affairs.
"Yield Curve Estimation and Forecasting in Armenia",
published in the Armenian Journal of Economics.
"Nowcasting Real GDP Growth: Comparison between New
and Old EU Countries" will soon be published in the Eastern
European Economics.
COOPERATION WITH I
NTERNATIONAL ORGANIZATIONS
INSTITUTIONAL
DEVELOPMENT
CENTRAL BANK OF
OBJECTIVES
THE REPUBLIC OF ARMENIA
OTHER OBJECTIVES OF
THE BANK
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