Cover IMF Working Papers
Buy Book in Print
Inflation Dynamics and Monetary Policy Transmission in Vietnam and Emerging Asia
Author:
Ms. Rina Bhattacharya
Search for other papers by Ms. Rina Bhattacharya in
Current site
Google Scholar Close
Series:
IMF Working Papers
Volume/Issue:
Volume 2013: Issue 155
Language:
English
Publication Date:
03 Jul 2013
DOI:
https://doi.org/10.5089/9781475554731.001
ISBN:
9781475554731
ISSN:
1018-5941
Pages:
22
Keywords:
WP; CPI inflation; interest rate; Vietnam; inflation; monetary policy effectiveness; emerging Asian economies; inflation equation; transmission mechanism; inflation in Vietnam; inflation dynamics; price inflation; inflation increase; inflation development; inflation inertia element; Nominal effective exchange rate; Monetary base; Import prices; Exchange rates; Asia and Pacific
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Download PDF (2.1 MB) Download Epub
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.
  • Collapse
  • Expand
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund