Impact of financial depth and domestic credit on economic growth: The case of low and middle-income countries from 1995-2014
By Le Thi Hoang Anh (VNP 19) Supervisor: Dr. Pham Thi Bich Ngoc Abstract This paper focuses on the impacts of financial development on economic growth with the cases of 122 low and middle-income countries from 1995 to 2014. Indicators for financial development include the ratio of liquid liabilities to GDP and the ratio of […]
The role of credit and monetary transmission in Vietnam: A VAR approach
By Nguyen Le Thao Nguyen (VNP 16) Supervisor: Dr. Nguyen Van Ngai Abstract Among different channels (namely: interest rate, asset price, credit, exchange rate channel) are affected by monetary policy, which one plays as a key channel in this mechanism. In this study, I investigate the role of credit channel in monetary transmission mechanism in […]
