Le Viet, H.; Pfau, W.D. - In: Applied Econometrics and International Development 9 (2009) 1
Understanding the monetary transmission mechanism is crucial to central bankers. We analyze the monetary transmission … case. As for the transmission mechanism, the credit and exchange rate channels are more important than the interest rate … mechanism in Vietnam, using the vector autoregression approach (VAR) and focusing on the reduced-form relationships between …