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 […]
