Research

Publications

Cultural values and the adoption of central bank digital currency
With Hiep Ngoc Luu, Dinh Dinh Do, Thanh Pham, and Quynh-Anh Dinh
Applied Economics Letters, 30(15), 2024–2029

In one sentence: This paper examines how national cultural values relate to countries’ adoption of central bank digital currencies.

Working papers

Macroprudential Policy and Innovation: Evidence from European Countries
With Brigitte Granville, Luu Duc Toan Huynh, and Steven Ongena
CEPR Discussion Paper No. 21715 (2026)

In one sentence: Using firm-level patent data across 21 European countries from 1990 to 2021, we examine how different types of macroprudential policy affects innovation through the credit channel.

Innovation Strategy of Small Firms in Response to Zombie Decongestion
With Brigitte Granville and Toan Huynh

In one sentence: Using a difference-in-differences setting with German small-firm data, we show that ESUG 2012 shifts the innovation strategy of small, healthy firms toward exploration. 

Brexploration or Brexploitation: Strategic Ties and Corporate Innovation after Brexit
With Minh Nhat Tran and Duy Khanh Hoang Dang

In one sentence: Non-UK EU firms that were exposed through UK-sourced knowledge-based and commercialisation-based partnerships react differently to Brexit.

Book chapters

Nguyen, Van Hieu, and Thi Phan Lan Trinh, eds. 2023.  Financial Appraisal of Investment Projects. Hanoi: Vietnam National University, Hanoi Press. ISBN 978-604-300-478-6.