rates. The usual trade-off between inflation and output when raising interest rates suggested the need for a softer monetary …

monetary policy transmission under an inflation-targeting regime with a flexible exchange rate …

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 …

gaps on output growth, inflation, and net saving rates using panel data for 20 Asian countries for 1980-2008. We find a … significant pass-through of the global monetary gap to domestic monetary gaps, which in turn affect output growth and inflation …, in individual emerging market and developing countries in Asia. Notably, we provide evidence that the global monetary …

The paper develops robust measures of core inflation for Vietnam that can be used in policy making. These core … inflation measures (CIMs) are based on an analytical evaluation of the inflation process in Vietnam, and use a filtering … better. Among TMMs, 'one trim does not fit all periods'; periods of high and variable inflation require larger trims, and …

stability under adaptive learning for interest rate rules that respond to inflation measures differing in their degree of price … stickiness. We find that rules responding to headline inflation measures that assign a positive weight to the inflation of the … the inflation of the sector with high price stickiness. By this we mean that they are more prone to induce non …

(FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have been small. The relative … insulation of emerging Asia from the global financial cycle can likely be attributed to the presence of managed capital accounts … developing Asia is likely to be small …