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The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...
Persistent link: https://www.econbiz.de/10011615740
The possibility of creating a state bank has received much recent attention in the United States. In 2021, six states … introduced legislation to create a state bank; in 2019, similar legislation was enacted in California for municipal banks. This … to traditional private banking and identifies five questions determining the advisability of creating a state bank. The …
Persistent link: https://www.econbiz.de/10013454018
Northeast Thailand that indeed most loans do not include any tangible assets as collateral. Instead, lenders enforce collateral …
Persistent link: https://www.econbiz.de/10009303939
We estimate the impact on health care utilization and out-of-pocket (OOP) expenditures of a major reform in Thailand …
Persistent link: https://www.econbiz.de/10009748355
(costs and benefits) using Thailand and Australia as case studies, from 1975 to 1999. Two health adjusted gross domestic …
Persistent link: https://www.econbiz.de/10011509333
In this paper, we document the fact that countries that have experienced occasional financial crises have, on average, grown faster than countries with stable financial conditions. We measure the incidence of crisis with the skewness of credit growth, and find that it has a robust negative...
Persistent link: https://www.econbiz.de/10002757563
Persistent link: https://www.econbiz.de/10003397221
Persistent link: https://www.econbiz.de/10003364179
This paper uses a panel of personal income tax return data for the population of Thai tax filers to examine how individuals respond to tax subsidy for long-term savings. We utilize the 2013 tax reform that lowered the price subsidy for long-term savings in order to obtain causal identification....
Persistent link: https://www.econbiz.de/10012437871
sentiment. Conducting consumer surveys with randomized control trials (RCTs) in Thailand and Vietnam during the COVID-19 … Thailand, whereas the second treatment is rather symmetric. We find that the information treatments affect consumer sentiment …
Persistent link: https://www.econbiz.de/10012500548