This paper develops a model of sovereign debt in which the government has some private information about the domestic economy. Sovereign borrowing is sustainable without enforcement, as repayment is a costly signal about the hidden economic fundamental. The signaling mechanism is able to jointly...

With the dataset of 7,962 firms in Vietnam and using the Cox proportional hazard model, the main findings are drawn that the relationship between the growth (both in employment and in assets) and the survival is positive and non-linearity, and as increasing the growth, the effect of growth on...

This paper uses the Vietnamese Households Living Standards Surveys of 2002, 2004, 2006 and 2008 to examine the effects of nonfarm activity on poverty in rural Vietnam. We show that nonfarm activity helps the poor, but not the poorest, given that households need to own a minimum level of...

We use a combination of two natural experiments and one field experiment tomeasure people’s prosocial behavior in terms of voluntary money and labor time contributions to an archetypicalpublic good – a bridge – in rural Vietnam, at three different points in time from 2005 to 2010. Since...

This paper is rather theoretical approach and to answer research questions: is it possible to build a comprehensive framework integrated all these three theories (IO, OE and RBV) in strategic management to explain performance of firm in one industry?; and how are all these three theories...

Our paper examines the long run relationship in Vietnam between economic growth and the current account balance equilibrium by relying on the BoP constrained growth model. We find that Vietnam grew less than the rate predicted when the period 1985 to 2010 as a whole is considered, but with...

In the year 2008 and the first half of 2009, the world witnessed the unfolding and heavy repercussions of the global financial crisis. Being a small open, FDI-reliant and export-dependant economy, Vietnam has not been spared from this external shock. The global crisis has led to the reduction of...

In rural economies, risk-sharing arrangements through networks of relatives and friends are common. Monitoring issues seem to impede the development of informal insurance mechanisms at higher level. As such, after a large and covariate shock, the prerequisites under which informal arrangements...

In a simple formal model of two-country, two-good with an elementary Conflict Technology, we use a rudimentary game theoretics to study the matter of war and peace, where under peace, cooperative exchange takes place, and where, in case of war, the winner takes all through appropriation of the...

This paper investigates the day-of-the-week effects in the stock indexes of both developed and emerging markets as well as the MSCI world index from March 2002?May 2008 using regression models. The results show many daily effects, occurring from Monday to Friday, which are different from the...