Nghiên cứu tác động của chỉ số điều kiện tài chính tới lạm phát ở Việt Nam

Abstract

This paper investigates the impact of the financial condition index on inflation in Vietnam by using the Autoregressive- Distributed Lag Model (ARDL) combined with a time series dataset from January 2013 to December 2022. Research results show that loosening financial conditions will put pressure on inflation in the short term but not in the long term. In addition, the oil price and M2 money supply also have a positive impact on Vietnam’s inflation. On that basis, this paper also proposes policy recommendations to improve the effectiveness of monetary policy in Vietnam