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Quarterly projection model for the National Bank of Rwanda
Vlček, Jan; Pranovich, Mikhail; Hitayezu, Patrick; … - 2020
National Bank of Rwanda (BNR) modernized monetary policy and transited to the price-based policy framework in January …
Persistent link: https://www.econbiz.de/10012487178
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An Estimated Dsge Model for Monetary Policy Analysis in Low-Income Countries
Peiris, Shanaka J. - 2007
This paper evaluates monetary policy-tradeoffs in low-income countries using a dynamic stochastic general equilibrium (DSGE) model estimated on data for Mozambique taking into account the sources of major exogenous shocks, and level of financial development. To our knowledge this is a first...
Persistent link: https://www.econbiz.de/10014401065
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Inflation dynamics and monetary policy transmission in Vietnam and emerging Asia
Bhattacharya, Rina - 2013
This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and … uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role … does monetary policy play? and (ii) why has inflation in Vietnam been persistently higher than in most other emerging …
Persistent link: https://www.econbiz.de/10012667557
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State-owned enterprises, shirking and trade liberalization
Madanmohan, Ghosh; Whalley, John - 2000
imports can also occur. These models when calibrated to 1995 data for Vietnam also suggest quantitatively much larger impacts …
Persistent link: https://www.econbiz.de/10009781577
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Corporate vulnerabilities in Vietnam and implications of COVID-19
Kroeger, Thilo; Anh Thi Ngoc Nguyen; Zhang, Yuanyan; … - 2020
The paper uses firm-level data to assess the financial health of the Vietnamese non-financial corporate sector on the eve of pandemic. Our analysis finds that smaller domestic firms were particularly vulnerable even by regional comparison. A sensitivity analysis suggests that the COVID-19 shock...
Persistent link: https://www.econbiz.de/10012392645
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Consumer sentiment during the Covid-19 pandemic : the role of others' beliefs
Bui, Dzung; Dräger, Lena; Hayo, Bernd; Giang Hong Nghiem - 2021
sentiment. Conducting consumer surveys with randomized control trials (RCTs) in Thailand and Vietnam during the COVID-19 … asymmetric across our sample countries, as it shows opposite appropriateness ratings of the governments’ reaction in Vietnam and … only in Vietnam, where the sign of the effect suggests that the treatments are viewed as positive news. Moreover, consumer …
Persistent link: https://www.econbiz.de/10012500548
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Aid, growth and devolution
Lessmann, Christian; Markwardt, Gunther - 2009
This paper examines whether the federal structure of aid-receiving countries matters in explaining aid effectiveness. Following the decentralization theorem, the devolution of powers should increase aid effectiveness, since local decision-makers are better informed about local needs. At the same...
Persistent link: https://www.econbiz.de/10003887528
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Decentralization and foreign aid effectiveness : do aid modality and federal design matter in poverty alleviation?
Lessmann, Christian; Markwardt, Gunther - 2010
This paper empirically studies the impact of decentralization on foreign aid effectiveness. For this purpose, we examine a commonly used empirical growth model, considering aid modality as well as different measures of political and fiscal decentralization. Our panel estimations reveal that...
Persistent link: https://www.econbiz.de/10003966487
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Aid and growth : new evidence using an excludable instrument
Dreher, Axel; Langlotz, Sarah - 2015
We use an excludable instrument to test the effect of foreign aid on economic growth in a sample of 96 recipient countries over the 1974-2009 period. We interact donor government fractionalization with a recipient country's probability of receiving aid. The results show that fractionalization...
Persistent link: https://www.econbiz.de/10011343084
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Geopolitics, aid and growth
Dreher, Axel; Eichenauer, Vera; Gehring, Kai - 2013
We investigate the effects of short-term political motivations on the effectiveness of foreign aid. Donor countries ́political motives might reduce the effectiveness of conditionality, channel aid to inferior projects or affect the way aid is spent in other ways, reduce the aid bureaucracyś...
Persistent link: https://www.econbiz.de/10009764394