Impacts of Monetary Policy on Vietnam Stock Price
- 10.2991/emcm-15.2016.26How to use a DOI?
- The monetary policy Stock price ARDL model
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.
- © 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 -