Estimating a Taylor rule for Vietnam: An approach using Johansen Cointegration method

The research contributes to develop the theory of mechanism and rule-based monetary policy. In addition, the researchpresents a new point of view at monetary policy through the perspective of Vietnam's monetary rules as well as proposes a Taylor rule for Vietnam. Basing on which, the central ba...

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Main Authors: Dao, Thanh Truong, Nguyen, Quang Tu, Mai, Nguyet Anh
格式: Article
語言:English
出版: ĐHQG 2016
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在線閱讀:http://repository.vnu.edu.vn/handle/VNU_123/12911
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機構: Vietnam National University, Hanoi
語言: English
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總結:The research contributes to develop the theory of mechanism and rule-based monetary policy. In addition, the researchpresents a new point of view at monetary policy through the perspective of Vietnam's monetary rules as well as proposes a Taylor rule for Vietnam. Basing on which, the central bank candetermine the appropriate interest rate for the economy.