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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 …
Persistent link: https://www.econbiz.de/10012667557
Persistent link: https://www.econbiz.de/10010479415
In recent years, many Low-Income Countries (LICs) have implemented substantial reforms to their monetary policy frameworks, but existing economic research has not provided a clear rationale to guide those efforts. In this paper we analyze the role of monetary policy frameworks in the propagation...
Persistent link: https://www.econbiz.de/10012300596
The paper develops robust measures of core inflation for Vietnam that can be used in policy making. These core … inflation measures (CIMs) are based on an analytical evaluation of the inflation process in Vietnam, and use a filtering … available, making them valuable tools for the State Bank of Vietnam on an ongoing basis …
Persistent link: https://www.econbiz.de/10011436747
This paper explores the causes and consequences of fiscal dominance over monetary policy in Sub-Saharan Africa (SSA). Fiscal dominance has always been a pressing problem as it can contribute to inflation and macroeconomic instability, and increasingly so as fiscal deficits and public debt are...
Persistent link: https://www.econbiz.de/10012517915
This paper examines the progress made in four Asian transition economies—China, Lao P.D.R., Vietnam, and Mongolia …
Persistent link: https://www.econbiz.de/10014401125
Persistent link: https://www.econbiz.de/10014306106
conditions. Empirical results are compared to simulations with a state-of-the-art estimated open-economy New Keynesian model. Our …
Persistent link: https://www.econbiz.de/10011852565
Persistent link: https://www.econbiz.de/10009726436
Persistent link: https://www.econbiz.de/10003262761