Proceedings of the International Conference on Electronics, Mechanics, Culture and Medicine

Impacts of Monetary Policy on Vietnam Stock Price

Authors
Nguyen Trung Thanh, Do Thi Linh
Corresponding Author
Nguyen Trung Thanh
Available Online February 2016.
DOI
10.2991/emcm-15.2016.26How to use a DOI?
Keywords
The monetary policy Stock price ARDL model
Abstract

Evaluating the impact of monetary policy on Vietnam stock market plays an important role for economists as well as stock investors. Stock price has not only gets impacts from the macroeconomic factors such as oil price, gold prices…but also be very sensitive to the changes in monetary policy. in each different markets, stock index are also different from each other. Hence, this paper is conducted to evaluate the impacts of monetary policy on Vietnam Stock Index (VNIDEX) in the period of 2006 till 2015. The author uses the model ARDL with time series data to evaluate the impact of monetary policy at considered lag level. The result shows that the monetary policy including interests, money supply and required reserve ratio has a negative impact on stock price in long term.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Electronics, Mechanics, Culture and Medicine
Series
Advances in Computer Science Research
Publication Date
February 2016
ISBN
10.2991/emcm-15.2016.26
ISSN
2352-538X
DOI
10.2991/emcm-15.2016.26How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Nguyen Trung Thanh
AU  - Do Thi Linh
PY  - 2016/02
DA  - 2016/02
TI  - Impacts of Monetary Policy on Vietnam Stock Price
BT  - Proceedings of the International Conference on Electronics, Mechanics, Culture and Medicine
PB  - Atlantis Press
SP  - 136
EP  - 142
SN  - 2352-538X
UR  - https://doi.org/10.2991/emcm-15.2016.26
DO  - 10.2991/emcm-15.2016.26
ID  - Thanh2016/02
ER  -