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Abstract

This paper employs qualitative and quantitative methods to test the theory of Philips Curve in Vietnam in the period between 2000 and 2014. The results show that the Philips Curve applies to the actual situation of the Vietnam’s economy, which is useful for both macro-economic planning by the Government and monetary policy making by the State Bank of Vietnam. The paper also suggests implications of an increased application of the Philips Curve to the economic policy management, thereby contributing to the stabilized socio-economic development in Vietnam



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Issue: Vol 19 No 1 (2016)
Page No.: 52-60
Published: Mar 31, 2016
Section: Economics, Law and Management - Research article
DOI: https://doi.org/10.32508/stdj.v19i1.527

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Creative Commons License

Copyright: The Authors. This is an open access article distributed under the terms of the Creative Commons Attribution License CC-BY 4.0., which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

 How to Cite
Dang, D., & Vu, B. (2016). Testing the Phillips curve in Vietnam. Science and Technology Development Journal, 19(1), 52-60. https://doi.org/https://doi.org/10.32508/stdj.v19i1.527

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