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Working paper

DEPOCEN has conducted research projects on a wide range of issues from macroeconomic policies, public finance, public policy, corporate innovation and competitiveness, econometric modelling and forecasting, trade liberalization, public service, to state-of-the-art impact evaluation of intervention programs in poverty reduction, household welfare, education, public health, water supply and sanitation, and survey methods. Our research outputs have been published in international refereed journals.

DEPOCEN has signed strategic partnership agreements with a number of international think-tanks, such as Oxford Economics (UK) and the Korean Institute of Economic Policy (South Korea). DEPOCEN has also established partnerships with internationally-known institutions including the University of Lancaster, the Institute of Development Studies under the University of Sussex, Centre d’Economie de la Sorbonne-CES, Maison des Sciences Economiques, and the Policy Studies Institute. DEPOCEN since 2014 has become an institution member of the EGAP network (http://e-gap.org/), an international network specialised in survey and impact evaluation managed by the University of Columbia and University of California at Berkeley. Since 2008 we have been the organiser and host of the Vietnam Economist Annual Meeting (http://www.veam.org). We are also the founding member of the International Society of Vietnam Economist (http://www.isve.info)

Housing Investment: What Makes It so Volatile? Theory and Evidence from OECD Countries

Xuất bản: 27 July, 2022

This paper explains how mortgage market liberalization can introduce greater volatility in the housing market, which is a stylized fact documented from OECD countries, with a DSGE model where households face a credit constraint and housing is used as...

On the existence, efficiency and bubbles of a Ramsey equilibrium with endogenous labor supply and borrowing...

Xuất bản: 27 July, 2022

In this paper, we study the existence of an intertemporal equilibrium in a Ramsey model with heterogenous discounting, elastic labor supply and borrowing constraints. Applying a fixed-point argument by Gale and Mas-Colell (1975), we prove the existence...

Capital-Labor Substitution, Structural Change and Growth.

Xuất bản: 27 July, 2022

There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well-known Kaldor facts, with systematic changes in the relative importance of each sector, consistent with the Kuznets facts. Although variations...

DEVELOPING E-SKILLS FOR COMPETITIVENESS, GROWTH AND EMPLOYMENT IN 21ST CENTURY: THE EUROPEAN PERSPECTIVE...

Xuất bản: 27 July, 2022

Modern economies are driven by skilled people, who create and use the technology. e-Skills has been considered as a perquisite for employment in every sectors. Though the Europe is home to world class technology companies and IT savvy people, existing...

On the Existence of a Ramsey Equilibrium with Endogenous Labor Supply and Borrowing Constraints

Xuất bản: 27 July, 2022

In this paper, we study the existence of an intertemporal equilibrium in a Ramsey model with heterogenous discounting, elastic labor supply and borrowing constraints. Applying a fixed-point argument by Gale and Mas-Colell (1975), we prove the existence...

The impact of oil price fluctuations on stock markets in developed and emerging economies

Xuất bản: 27 July, 2022

This study examines the response of stock markets to oil price volatilities in Japan, Singapore, Korea and Malaysia by applying the generalized impulse response and variance decomposition analyses to the monthly data spanning 1986:01-2011:02. The results...