The Impact of Monetary Policy on Economic Development: Evidence from Lao PDR
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Zhang, Chengsi & Sun, Yuchen, 2017. "Confidence in Chinese monetary policy," International Review of Economics & Finance, Elsevier, vol. 52(C), pages 212-221.
- Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
- Tai-kuang Ho & Kuo-chun Yeh, 2010. "Measuring Monetary Policy in a Small Open Economy with Managed Exchange Rates: The Case of Taiwan," Southern Economic Journal, John Wiley & Sons, vol. 76(3), pages 811-826, January.
- Christina D. Romer & David H. Romer, 2002.
"A Rehabilitation of Monetary Policy in the 1950's,"
American Economic Review, American Economic Association, vol. 92(2), pages 121-127, May.
- Christina D. Romer & David H. Romer, 2002. "A Rehabilitation of Monetary Policy in the 1950s," NBER Working Papers 8800, National Bureau of Economic Research, Inc.
- Guillermo Felices & Vicente Tuesta, 2013.
"Monetary policy in a dual currency environment,"
Applied Economics, Taylor & Francis Journals, vol. 45(34), pages 4739-4753, December.
- Felices Guillermo & Tuesta Vicente, 2007. "Monetary Policy in Dual Currency Environment," Working Papers 2007-006, Banco Central de Reserva del Perú.
- Ismail O Fasanya & Adegbemi B.O Onakoya & Mariam A Agboluaje, 2013. "Does Monetary Policy Influence Economic Growth in Nigeria?," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(5), pages 635-646.
- Ismail O. FASANYA & Adegbemi B.O ONAKOYA & Mariam A. AGBOLUAJE, 2013. "Does Monetary Policy Influence Economic Growth in Nigeria?," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(5), pages 635-646, May.
- Johansen, Soren, 2000. "Modelling of cointegration in the vector autoregressive model," Economic Modelling, Elsevier, vol. 17(3), pages 359-373, August.
- Fernald, John G. & Spiegel, Mark M. & Swanson, Eric T., 2014.
"Monetary policy effectiveness in China: Evidence from a FAVAR model,"
Journal of International Money and Finance, Elsevier, vol. 49(PA), pages 83-103.
- John G. Fernald & Mark M. Spiegel & Eric T. Swanson, 2014. "Monetary Policy Effectiveness in China: Evidence from a FAVAR Model," Working Paper Series 2014-7, Federal Reserve Bank of San Francisco.
- John Fernald & Mark M. Spiegel & Eric T. Swanson, 2014. "Monetary Policy Effectiveness in China: Evidence from a FAVAR Model," NBER Working Papers 20518, National Bureau of Economic Research, Inc.
- Keshab Bhattarai, 2011. "Impact of exchange rate and money supply on growth, inflation and interest rates in the UK," International Journal of Monetary Economics and Finance, Inderscience Enterprises Ltd, vol. 4(4), pages 355-371.
- James Peery Cover, 1992. "Asymmetric Effects of Positive and Negative Money-Supply Shocks," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(4), pages 1261-1282.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Manuel BENAZIĆ & Daniel TOMIĆ, 2020. "Macroeconomic dynamics in China, Laos and Vietnam: a VAR analysis," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 11, pages 203-228, December.
- Alade Raji OLAJIDE & Adegboyega Abdul Rasheed AFOLABI & Abiodun Osinuga TITILAYO, 2022. "Effects of Monetary Policy on Financial Inclusion: An Empirical Evidence from Nigeria," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 74-80.
- Mohamed Ibrahim Mugableh, 2019. "Does Monetary Policy Affect Economic Growth in Jordan? Evidence from Ordinary Least Square Models," International Business Research, Canadian Center of Science and Education, vol. 12(1), pages 27-34, January.
- Peter Ego Ayunku & Rachel Konyefa Dickson, 2021. "Inflation Rate, Exchange Rate, Remittances Inflows and Economic Performance in Nigeria: A Granger Causality Approach," International Journal of Human Resource Studies, Macrothink Institute, vol. 11(1), pages 336350-3363, December.
- Okosu, Napoleon David & Okoduwa, Dorothy Ivie & Ita, Uyu Eyo & Egonu, Daniel Ikenna, 2022. "An Assessment of the Impact of Monetary Policy on Economic Growth in Nigeria: Toda-Yamamoto Approach," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(11), pages 537-547, November.
- Abille, Adamu Braimah & Mpuure, Desmond Mbe-Nyire, 2020. "Effect of Monetary Policy on Economic Growth in Ghana," Asian Journal of Applied Economics, Kasetsart University, Center for Applied Economics Research, vol. 27(2).
- Khaysy Srithilat & Thipphavanh Samatmanivong & Vaiyoth Lienpaserth & Phiengsanith Chanthavixay & Visanu Boundavong & Vonsy Douangty, 2022. "The Effect of Monetary Policy on Economic Growth in Lao PDR," International Journal of Economics and Financial Issues, Econjournals, vol. 12(1), pages 67-74.
- Moses K. Tule & Oloruntoba S. Ogundele & Martins O. Apinran, 2018. "Efficacy of Monetary Policy Instruments on Economic Growth: Evidence from Nigeria," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 8(10), pages 1239-1256, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Enock Nyorekwa Twinoburyo & Nicholas M Odhiambo, 2018.
"Can Monetary Policy drive economic growth? Empirical evidence from Tanzania,"
Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 12(2), June.
- Nyorekwa, Enock Twinoburyo & Odhiambo, Nicholas Mbaya, 2016. "Can monetary policy drive economic growth? Empirical evidence from Tanzania," Working Papers 21122, University of South Africa, Department of Economics.
- Adebayo Augustine Kutu & Ntokozo Patrick Nzimande & Simiso Msomi, 2017. "Effectiveness of Monetary Policy and the Growth of Industrial Sector in China," Journal of Economics and Behavioral Studies, AMH International, vol. 9(3), pages 46-59.
- Benson Ogbonna & Kalu Uma, 2014.
"Monetary Policy Transmission Mechanism In Nigeria: An Overview,"
Proceedings of International Academic Conferences
0702101, International Institute of Social and Economic Sciences.
- Kalu E. Uma & Benson M. Ogbonna & Paul Obidike, 2014. "Monetary Policy Transmission Mechanism In Nigeria: An Overview," Proceedings of International Academic Conferences 0702180, International Institute of Social and Economic Sciences.
- Biswajit Maitra, 2011. "Anticipated Money, Unanticipated Money and Output Variations in Singapore," Journal of Quantitative Economics, The Indian Econometric Society, vol. 9(1), pages 118-133.
- Haruna Issahaku & Yazidu Uztarz & Paul Bata Domanban, 2013. "Macroeconomic Variables and Stock Market Returns in Ghana: Any Causal Link?," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(8), pages 1044-1062, August.
- Claus Brand & Hans-Eggert Reimers & Franz Seitz, 2003. "Narrow Money and the Business Cycle: Theoretical aspects and euro area evdence," Macroeconomics 0303012, University Library of Munich, Germany.
- Oluwaseun Okikiola, 2021. "The Impact of Money Market Dynamics on the Economic Growth of Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(10), pages 77-85, October.
- Ebenezer G Olamide & Andrew Maredza, 2021. "The Short and Long Run Dynamics of Monetary Policy, Oil Price Volatility and Economic Growth in the CEMAC Region," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 11(1), pages 78-89, January.
- Ahmad Bhat Aijaz & Iqbal Khan Javaid & Ahmad Bhat Sajad & Ahmad Parray Waseem, 2023. "Central Bank Independence and its Impact on Fiscal Deficit: Evidence from India," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 33(2), pages 71-94, June.
- Brand, Claus & Reimers, Hans-Eggert & Seitz, Franz, 2003. "Forecasting real GDP: what role for narrow money?," Working Paper Series 254, European Central Bank.
- Olufemi Samuel Adegboyo & Sunday Anderu Keji & Oluwadamilola Tosin Fasina, 2021. "The impact of government policies on Nigeria economic growth (case of fiscal, monetary and trade policies)," Future Business Journal, Springer, vol. 7(1), pages 1-14, December.
- Hess, Martin K., 2004. "Dynamic and asymmetric impacts of macroeconomic fundamentals on an integrated stock market," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 14(5), pages 455-471, December.
- Ali F. Darrat & Marc C. Chopin & Bento J. Lobo, 2005.
"Money and macroeconomic performance: revisiting divisia money,"
Review of Financial Economics, John Wiley & Sons, vol. 14(2), pages 93-101.
- Darrat, Ali F. & Chopin, Marc C. & Lobo, Bento J., 2005. "Money and macroeconomic performance: revisiting divisia money," Review of Financial Economics, Elsevier, vol. 14(2), pages 93-101.
- Udoh, Edet Joshua & Akpan, Sunday Brownson, 2019. "Macroeconomic Variables Affecting Fish Production in Nigeria," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 9(02), January.
- Pedro M. G. Martins, 2010. "Fiscal Dynamics in Ethiopia: The Cointegrated VAR Model with Quarterly Data," Working Paper Series 0910, Department of Economics, University of Sussex Business School.
- Haruna, Issahaku & Harvey, Simon K. & Abor, Joshua Y., 2016. "Does development finance pose an additional risk to monetary policy?," MPRA Paper 101637, University Library of Munich, Germany, revised 10 Jul 2016.
- Nyorekwa, Enock Twinoburyo & Odhiambo, Nicholas Mbaya, 2016. "Monetary policy and economic growth in Kenya:The role of money supply and interest rates," Working Papers 20712, University of South Africa, Department of Economics.
- Lin, Chaoying & He, Lerong, 2020. "Targeted monetary policy and agriculture business loans," The North American Journal of Economics and Finance, Elsevier, vol. 54(C).
- Fang, Liting & He, Lerong & Huang, Zhigang, 2019. "Asymmetric effects of monetary policy on firm scale in China: A quantile regression approach," Emerging Markets Review, Elsevier, vol. 38(C), pages 35-50.
- Olufemi Muibi Saibu & Abiodun Murithadoh Musbaudeen, 2018. "Monetary Policy Cyclicality, Industrial Output and Economic Growth Interactions in Nigeria," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 22(2), pages 457-470, Spring.
More about this item
Keywords
monetary policy; economic development; laos; VECM; cointegration.;All these keywords.
JEL classification:
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DCM-2017-06-04 (Discrete Choice Models)
- NEP-MAC-2017-06-04 (Macroeconomics)
- NEP-MON-2017-06-04 (Monetary Economics)
- NEP-SEA-2017-06-04 (South East Asia)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:79369. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.