'The Output and Price Effects of Monetary Policy in Emerging and Developing Countries with a Special Case Study of Vietnam'

Doctoral student
Profile page
Organisation
International Institute of Social Studies
Start date

Thursday, 24 Oct 2019, 16:00

End date

Thursday, 24 Oct 2019, 18:00

Room
Aula B
Location
International Institute of Social Studies
Spoken Language
English
Nguyen Thi Mai Lan

On 24 October 2019, Nguyen Thi Mai Lan will defend her PhD thesis on 'The Output and Price Effects of Monetary Policy in Emerging and Developing Countries with a Special Case Study of Vietnam'

This research investigates the output and price effects of monetary policy in emerging and developing countries with a focus on the case of Vietnam.

The research primarily focuses the effects of monetary policy on output and price level in the short-term. The thesis is based on the vector auto-regressive (VARs) findings of existing studies to synthesize the effects and employ a VAR application for Vietnam.

The thesis aims to provide an answer to three specific questions:

  1. What are the meta effects (the magnitude, the sign) of monetary policy on output and price level in the context of emerging and developing countries? Are the reported findings of vector auto-regressive models in the existing literature of the effect of monetary policy affected by a publication bias? What are underlying drivers of the heterogeneity of the reported effects in the existing studies?
  2. What is the nature (the frequency of occurrence, the persistence and the time lags) of the anomalous effects – the so called the “price puzzle” – of a tighter monetary policy in emerging and developing countries. What are the possible determinants of the “price puzzles”?
  3. How effective is the monetary policy in Vietnam since the adoption of the Law (No. 01/1997/QH10) on the Central Bank? Is a monetary policy in Vietnam useful to control inflation?

Doctoral board

Chair

Professor Dorothea Hilhorst
 

Doctoral dissertation supervisors

Professor Peter van Bergeijk
Dr Elissaios Papyrakis

Members of the Full Doctoral Committee

Dr Susan Newman, University of West England
Professor Jakob de Haan, Groningen University
Professor Jarig van Sinderen
Professor Mathijs van Dijk

Professor Mansoob Murshed

More information

The doors will be closed after the start of the Public Defence, but will be briefly opened after the candidate’s introduction to allow latecomers to enter.

Children under 7 years old are not allowed in the Aula during the first part of the ceremony.

The ceremony will be followed by a reception in the Atrium of the ISS.

Professors are invited to join the academic procession.