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Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

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Nội dung chi tiết: Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

UNIVERSITY OF ECONOMICSHO CHI MINH CITY VIETNAMINSTITUTE OF SOCIAL STI DIES THE HAGUE THE NETHERLANDSVIETNAM - NETHERLANDS PROGRAMME FOR NLA IN DEVELO

Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approachOPMENT ECONOMICSTHE ROLE OF CREDIT AND MONETARY TRANSMISSION IN VIETNAM: A VAR APPROACHBYNGUYEN LÊ THÀO NGUYÊNMASTER OF ARTS IN DEVELOPMENT ECONOMICSH

O CHI MINH CITY, May 2012UNIVERSITY OF ECONOMICS HO CHI MINH CITY VIETNAMINSTITUTE OF SOCIAL STL DIES THE HAGUE THE NETHERLANDSVIETNAM - NETHERLANDS P Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

ROGRAMME FOR M.A IN DEVELOPMENT ECONOMICSTHE ROLE OF CREDIT AND MONETARY TRANSMISSION IN VIETNAM: A VAR APPROACHA thesis submitted in partial fulfilme

Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

nt of the lequirements for the degree of MASTER OF ARTS IN DEVELOPMENT ECONOMICSByNGUYỀN LÊ THÀO NGUYÊNAcademic Supervisor: Dr. NGUYẺN VĂN NGÀIHO CHI

UNIVERSITY OF ECONOMICSHO CHI MINH CITY VIETNAMINSTITUTE OF SOCIAL STI DIES THE HAGUE THE NETHERLANDSVIETNAM - NETHERLANDS PROGRAMME FOR NLA IN DEVELO

Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach be complete without their assistance and encouragement. My first thanks to my supervisor- Dr Nguyen Van Ngai, who gave me valuable ideas, comments, s

uggestions, and motivation during the preparation of this thesis. Thanks to his friendly attitude and enthusiasm has given me more self-confident to c Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

omplete this study.I sincerely thank Tutor- Mr. Phung Thanh Binh who provided me materials, also economic techniques relevant to my thesis. I am grate

Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

ful to all lecturers and tutors of Vietnam-Netherlands Master Program in Development Economic, who have made invaluable contributions.I wish my expres

UNIVERSITY OF ECONOMICSHO CHI MINH CITY VIETNAMINSTITUTE OF SOCIAL STI DIES THE HAGUE THE NETHERLANDSVIETNAM - NETHERLANDS PROGRAMME FOR NLA IN DEVELO

Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approachwriting.Last but not least, I thankful to my lover, parents and brother who were always beside me and gave me spiritual support.3ABSTRACTAmong differe

nt channels (namely: interest rate, asset price, credit, exchange rate channel) are affected by monetary policy, which one plays as a key channel in t Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

ills mechanism. In this study, I investigate the role of credit channel in monetary transmission mechanism in the case of Vietnam. Two different speci

Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

fications of loan markets arc conducted: classical market (without domestic credit) and augmented market (with domestic credit) to look for the eviden

UNIVERSITY OF ECONOMICSHO CHI MINH CITY VIETNAMINSTITUTE OF SOCIAL STI DIES THE HAGUE THE NETHERLANDSVIETNAM - NETHERLANDS PROGRAMME FOR NLA IN DEVELO

Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approachs, rhe empirical results support that credit channel plays important role in monetary transmission ill Vietnam case. The correlation between lending c

hannel and monetary policy is somewhat weak. The policy implication that credit sector should be carefully conuolled when implements new monetary poli Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

cy.Key words: domestic credit, credit channel, monetary policy transmission. VAR model4LIST OF TABLESTable 2.1: One decade and Vietnam’s creditTable 3

Luận văn thạc sĩ the role of credit and monetary transmission in vietnam, a var approach

.1 The data sourcesTable 4.1: Description ofvariablesTable 4.2. Augment Dickey-Fuller test

UNIVERSITY OF ECONOMICSHO CHI MINH CITY VIETNAMINSTITUTE OF SOCIAL STI DIES THE HAGUE THE NETHERLANDSVIETNAM - NETHERLANDS PROGRAMME FOR NLA IN DEVELO

UNIVERSITY OF ECONOMICSHO CHI MINH CITY VIETNAMINSTITUTE OF SOCIAL STI DIES THE HAGUE THE NETHERLANDSVIETNAM - NETHERLANDS PROGRAMME FOR NLA IN DEVELO

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