To build Vietnam's demand for money in the period of international economic integration

Abstract

Research on money demand and money structure is needed to improve the efficiency of monetary policy planning and management. The article uses the ARDL (Grid Delivery Delay) model and the Granger causality test to study Vietnam's demand for money during the period of international economic integration, from 1995 to 2013. , Economic growth in Vietnam during the study period is highly dependent on the level of money supply. The paper also suggests some solutions to improve the efficiency of monetary policy planning and management in Vietnam in the coming time.