Xuất bản: 27 July, 2022
This paper addresses the question of whether fear of floating in developing countries can be justified as optimal discretionary monetary policy in a dollarized economy where intermediate goods importers face Bernanke-type credit constraint. Exchange rate...
Liability Dollarization and Fear of Floating
This paper addresses the question of whether fear of floating in developing countries can be justified as optimal discretionary monetary policy in a dollarized economy where intermediate goods importers face Bernanke-type credit constraint. Exchange rate depreciation not only worsens the net-worth but also increases the financing amount of importer firms who borrow in foreign currency, […]
Xuất bản: 27 July, 2022
This paper studies the optimal growth of a developing non-renewable natural resource producer, which extracts the resource from its soil, and produces a single consumption good with man-made capital. Moreover, it can sell the extracted resource abroad...
With Exhaustible Resources, Can A Developing
Country Escape From The Poverty Trap?
This paper studies the optimal growth of a developing non-renewable natural resource producer, which extracts the resource from its soil, and produces a single consumption good with man-made capital. Moreover, it can sell the extracted resource abroad and use the revenues to buy an imported good, which is a perfect substitute of the domestic consumption […]
Xuất bản: 27 July, 2022
We investigate the determinants of business cycle synchronization in East Asia by testing the robustness of the potential candidates, using the technique of Extreme Bound Analysis in an OLS regression framework with Newey-West correction for heteroskedasticity...
Determinants of Business Cycle Synchronization in East Asia:
An Extreme Bound Analysis
We investigate the determinants of business cycle synchronization in East Asia by testing the robustness of the potential candidates, using the technique of Extreme Bound Analysis in an OLS regression framework with Newey-West correction for heteroskedasticity and autocorrelation. We find that trade openness and intra-industry trade are major channels of business cycle synchronization. Although the […]
Xuất bản: 27 July, 2022
This study provides a concise introduction to the economic history of Vietnam from 1976 to present. We identify different phases of the development of the Vietnamese economy, from its unification after a Vietnam war to the current phases of the transition...
Economic performance of Vietnam, 1976-2000: New evidence
from input-output model
This study provides a concise introduction to the economic history of Vietnam from 1976 to present. We identify different phases of the development of the Vietnamese economy, from its unification after a Vietnam war to the current phases of the transition (1989-2000) and propose a specific pattern of transition in the case of Vietnam. This […]
Xuất bản: 27 July, 2022
I/O model has been widely used to assess the impacts of changes in an economy, it is also an important tool to make forecasts and the results from an I/O model are very helpful in policy-making process. Many scientific findings in economics have to give...
Multi-interregional economic impact analysis
based on multi-interregional input output model
consisting of 7 regions of Vietnam, 2000
I/O model has been widely used to assess the impacts of changes in an economy, it is also an important tool to make forecasts and the results from an I/O model are very helpful in policy-making process. Many scientific findings in economics have to give credit to the I/O approach developed by Leontief and this […]
Xuất bản: 27 July, 2022
With its increasing integration into the world economy, agricultural exports and rural incomes in Vietnam have increased substantially in recent years. At the sub-national level, however, there are concerns that not all regions and categories of agricultural...
Testing for Food market integration: A study of the Vietnamese paddy
market
With its increasing integration into the world economy, agricultural exports and rural incomes in Vietnam have increased substantially in recent years. At the sub-national level, however, there are concerns that not all regions and categories of agricultural producers have and will benefit from the ongoing liberalization of agricultural markets. Vietnam’s elongated geography and lack of […]