Armenian Economic Association
AJE is a new journal formed as an outlet for scientific research with relevance for the economy
of Armenia and the region. It provides a platform for researchers to communicate and share
their findings provided the analyses is undertaken in a scientific manner. Papers should be
submitted electronically to aje.aea [at] gmail.com. The cover page should include the title of
the paper, author(s) name, affiliation, email, keywords and JEL classifications. Authors will be
contacted shortly after submission.

Submitted papers, after initial screening, will be forwarded for refereeing. We look forward to
having AJE as an outlet for your research, and in helping us put the third volume together.
Armenian Journal of Economics
Aram Arakelyan
Yerevan State University

Vahagn Galstyan
Trinity College

Lisa Gennetian
Brookings Institute

Aleksandr Grigoryan
American University of Armenia

Aleksandr V. Gevorkyan
St John's University

Shushanik Hakobyan
Fordham University

Ashot Mkrtchyan
Central Bank of Armenia

Guillermo Tolosa
International Monetary Fund
2016, Volume 2 (in progress)



Public Perception of Water Price and Service Quality: An Empirical Analysis of Household
Water Delivery in Armenia, Naira Harutyunyan

The Armenian Business Cycle and Trade Shocks from Russia and EU, Karolina Matikyan and
Mane Harutyunyan

The Return to Education in Armenia, Shushanik Hakobyan and David Joulfaian

Credit Demand and Supply in the Armenian Banking System, Hayk Sargsyan and Narek
Sargsyan

Rubinstein Bargaining at the Court, Laura Manukyan