Inflation dynamics and monetary policy transmission in Vietnam and emerging Asia |
| |
| Institution: | 1. Department of Economics and Geography, Coggin College of Business, University of North Florida, Jacksonville, FL 32224, United States;2. Department of Economics, California State University, Fresno, United States;3. Reliant Energy, 1201 Fannin Street, Houston, TX 77002, United States;1. Division of Economics, Nanyang Technological University, HSS-04-66, Singapore 637332, Singapore;2. DeFiMS, School of Oriental and African Studies, University of London, 534 College Buildings, Russell Square, Thornhaugh Street, London WC1H 0XG, United Kingdom;3. Rajaratnam School of International Studies, Nanyang Technological University, S4-B3B-43, Singapore 639798, Singapore;4. Division of Economics, Nanyang Technological University, HSS-04-84, Singapore 637332, Singapore;1. Chr. Michelsen Institute, P.O. Box 6033 Bedriftssenteret, N-5892 Bergen, Norway;2. Centre for Policy Dialogue, Dhaka, Bangladesh;1. Faculty of Economics, Kasetsart University, Bangkok, 10900, Thailand;2. Charles H. Dyson School of Applied Economics and Management, Cornell SC Johnson Business College, Cornell University, Ithaca, NY 14850, USA |
| |
| Abstract: | This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role does monetary policy play? and (ii) why has inflation in Vietnam been persistently higher than in most other emerging market economies in the region? It focuses on understanding the monetary policy transmission mechanism in Vietnam, and in understanding the extent to which monetary policy can explain why inflation in Vietnam has been higher than in other Asian emerging markets over the past decade. |
| |
| Keywords: | Vietnam Inflation Monetary policy effectiveness Emerging Asian economies |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
