Vol. 9 No. 1(25) (2018)

Articles

  • Articles

    The Role of Development Banks and Pan-Armenian Borrowings in Providing Economic Progress

    Tatul Manaseryan
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    Abstract

    In the modern world, development banks (which are essentially different from ordinary banks) are called to play an important role in the development of the national economy. The Pan-Armenian Bank has been created as a Development Bank and is aimed at the purposeful and efficient use of Armenia’s and Armenian financial resources for the benefit of raising the competitiveness of Armenia's economy and improving the quality of life of the population.

    References
  • Articles

    Modeling Time Series of International Prices for Natural Gas

    Styopa Tsarukyan, Aram Arakelyan
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    Abstract

    An approach for modeling the natural gas international prices time series is considered. The method is based on the spectral analysis. We discovered fluctuations in studied time series. Thus, circles and periods of fluctuations of studied time series have been assessed. The Fourier model of natural gas international prices time series is developed and the assessment of the accuracy of the model is given. An assessment is based on the Theil inequality coefficient and its proportions: bias, variance, and covariance.

    References