How to Hedge against Inflation Risk in Vietnam
نویسندگان
چکیده
Vietnam has experienced galloping inflation and faced serious dollarization since its reform. To effectively control for promoting price stability, it is necessary to find efficacious leading indicators a hedging mechanism. Using monthly data over the period from January 1997 June 2020, this study finds predictive power hedge effectiveness of both gold US dollar on in long-run short-run within asymmetric framework. Especially, response shocks quick decisive, disclosing sensitivity these two variables.
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ژورنال
عنوان ژورنال: Economies
سال: 2023
ISSN: ['2227-7099']
DOI: https://doi.org/10.3390/economies11030094