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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Bibliografiska uppgifter
Huvudupphovsman: Dizioli, Allan
Övriga upphovsmän: Schmittmann, Jochen M.
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2015.
Serie:IMF Working Papers; Working Paper ; No. 2015/273
Länkar:Full text available on IMF