Show simple item record

AuthorElgammal, Mohammed M.
AuthorEissa, Mohamed Abdelaziz
Available date2021-09-05T05:40:12Z
Publication Date2016
Publication NameAfro-Asian Journal of Finance and Accounting
ResourceScopus
ISSN17516447
URIhttp://dx.doi.org/10.1504/AAJFA.2016.10000373
URIhttp://hdl.handle.net/10576/22676
AbstractThe study explores the key determinants of inflation in Vietnam for a period of ten year (2000-2011) using the explanatory variables: past inflation, real income, money supply, exchange rate, interest rate and world oil price. This study uses a vector error correction model to investigate the relationship among inflation and the above variables. We found significant relationships among inflation and three variables, past inflation, real income and exchange rate, moreover, the past inflation variable plays the most important role in explaining the current inflation in Vietnam. The exchange rate pass-through is found to have a remarkable influence on inflation in the short run, in particular, a reduction in exchange rate will lead to higher prices. Real income has a negative and small impact relationship with inflation, while the other explanatory variables have insignificant impact on inflation. Copyright 2016 Inderscience Enterprises Ltd.
Languageen
PublisherInderscience Publishers
SubjectEmerging markets
Inflation
Monetary policy
VECM
Vector error correction model
Vietnam
TitleKey determinants of inflation and monetary policy in the emerging markets: Evidence from Vietnam
TypeArticle
Pagination210-223
Issue Number3
Volume Number6
dc.accessType Abstract Only


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record