2019•International Journal of Social Science and Economics InventionOpen access

Impact of Monetary Policy on Economic Growth: Empirical Evidence in Vietnam

Tang My Sang

Abstract

Through the secondary data collected from 2009 to 2018, the research used Var method to test the impact of monetary policy on economic growth in Vietnam. The results show that there is a relationship between the variables of monetary policy and economic growth, in which the money supply has a positive impact at a high significant level, interest rates have a negative impact on Vietnam economic growth. From the results obtained, the research proposed solutions for operating monetary policy.

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Key concepts: Monetary policy, Economics, Money supply, Monetary economics, Monetary base, Macroeconomics