tailieunhanh - PhD thesis: Monetary policy transmission and bank lending channel in Vietnam

The transmission of monetary policy is the center of economic studies, this field was renewed in light of the 2008 global financial crisis with arguments about the effectiveness and the determinants of transmission channels especially in emerging markets such as Vietnam which may have strong bank lending channel while asset price channel and exchange rate channel may be weak. | i MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HO CHI MINH CITY 4 4 4 4 4 i i i i NGUYEN PHUC CANH MONETARY POLICY TRANSMISSION AND BANK LENDING CHANNEL IN VIETNAM PHD THESIS ii í HO CHI MINH CITY 2016 MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HO CHI MINH CITY 4 4 4 4 4 NGUYEN PHUC CANH MONETARY POLICY TRANSMISSION AND BANK LENDING CHANNEL IN VIETNAM Major Finance and Banking Code PHD THESIS ACADEMIC ADVISORS 1. Prof. Dr. SU DINH THANH 2. Assoc. Prof. Dr. VO XUAN VINH HO CHI MINH CITY 2016 Ĩ1 f i ACKNOWLEDGEMENTS I am deeply indebted to my academic advisers . Sử Đình Thành and . Võ Xuân Vinh for their fundamental roles. and have provided me with guidance assistances and supports during my study. They have given me autonomy on decision making and researching the topic while continuing to provide valuable feedbacks advices and encouragement. In addition to our academic collaboration I greatly appreciate the bonding relationships between Thành Vinh and I. Additionally I am deeply thankful to Dr. Trầm Thị Xuân Huong my lecturer and my researching partner at School of Banking who has assisted me in researching the topic in this thesis. She has also advised encouraged and generously allowed me to apply our shared works in presenting this thesis. I gratefully acknowledge lecturers from the research methodology course at University of Economics Ho Chi Minh City who have provided me with basis methodologies for this study. Such methodologies have helped me understand find and utilize correct methods. I would like to thank my dear colleagues at School of Banking and University of Economics Ho Chi Minh City for their substantial influence. The School of Banking and University of Economics Ho Chi Minh City provide the best environment for studying and researching. I also give my thanks to colleagues in International department at School of Banking they always supported and encouraged me in this .