A Macro-Model Approach to Monetary Policy Analysis and Forecasting for Vietnam /
The paper develops a small New-Keynesian FPAS model for Vietnam. The model closely matches actual data from 2000-2014. We derive an optimal monetary policy rule that minimizes variability of output, inflation, and the exchange rate. Compared to the baseline model, the optimal rule places a larger we...
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2015.
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coleção: | IMF Working Papers; Working Paper ;
No. 2015/273 |
Acesso em linha: | Full text available on IMF |