International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

Frequency: 12
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 Volume 7, Issue 4 (April 2020), Pages: 9-16

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 Original Research Paper

 Title: The macroeconomy and financial depth: Evidence from Vietnam

 Author(s): Toan Ngoc Bui *

 Affiliation(s):

 Faculty of Finance and Banking, Industrial University of Ho Chi Minh City (IUH), Ho Chi Minh, Vietnam

  Full Text - PDF          XML

 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0002-0595-3172

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2020.04.002

 Abstract:

The paper investigates the correlation between the macroeconomy and financial depth in Vietnam. Despite its attractiveness, this topic has not been commonly analyzed in much empirical research, especially those in developing countries. Consequently, its results are meaningful to Vietnam as well as developing countries. By employing the Autoregressive Distributed Lag (ARDL) approach to estimate the research model, the author confirms the bidirectional nexus between the macroeconomy (economic growth and inflation) and financial depth which is measured by the size of the banking sector to the economy, a difference between Vietnam and other developing nations. The results are also essential for consideration by the authorities in managing macroeconomic policies for the sustainable development of the financial system. 

 © 2020 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords: Economic growth, Inflation, Financial depth, ARDL, Vietnam

 Article History: Received 19 October 2019, Received in revised form 11 January 2020, Accepted 13 January 2020

 Acknowledgment:

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The authors declare that they have no conflict of interest.

 Citation:

 Bui TN (2020). The macroeconomy and financial depth: Evidence from Vietnam. International Journal of Advanced and Applied Sciences, 7(4): 9-16

 Permanent Link to this page

 Figures

 Fig. 1 Fig. 2 Fig. 3 Fig. 4 Fig. 5 Fig. 6 Fig. 7 Fig. 8 Fig. 9 Fig. 10 Fig. 11 Fig. 12

 Tables

 Table 1 Table 2 Table 3 Table 4 Table 5 Table 6 Table 7 Table 8

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