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- W2787079079 abstract "The feasibility of EUAE countries to form a Monetary Union is analyzed. The paper uses SVAR methodology to examine impact of External Shocks to specific case of Armenia and Russia alongside with correlation analyses of responses. In this framework, empirical evidence allows to affirm that Armenia and Russia do not meet a criteria of Optimum currency area “similarities in external shock’s responses,” the results underline structural differences of economies and asymmetry in external shock’s responses, therefore EUEA countries are not ready for Monetary union, and deeper integration is needed." @default.
- W2787079079 created "2018-02-23" @default.
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- W2787079079 date "2018-02-02" @default.
- W2787079079 modified "2023-10-01" @default.
- W2787079079 title "Similarities of External Shocks responses of Armenia and Russia: SVAR Approach" @default.
- W2787079079 doi "https://doi.org/10.5296/ber.v8i1.12577" @default.
- W2787079079 hasPublicationYear "2018" @default.
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