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5 years ago

Optimal monetary policy rule enhances macroeconomic stability in Vietnam.

IMF Working Paper
A Macro-Model Approach to Monetary Policy Analysis and Forecasting for Vietnam
Allan Dizioli, Jochen M. Schmittmann

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The article develops a model to analyze and forecast monetary policy in Vietnam. The model suggests a policy that focuses on stabilizing output, inflation, and the exchange rate. By comparing different scenarios, the optimal policy leads to greater economic stability in Vietnam.