Showing 1 - 10 of 215
Philippines and Thailand), there were considerable differences both in terms of instantaneous impact of the crisis and in terms of … impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the … Philippines was larger and was sustained longer. Third, idiosyncratic factors pushed output up in Indonesia and down in Thailand …
Persistent link: https://www.econbiz.de/10013072592
This relatively simple model attempts to capture and integrate four widely held views about financial crises. [1] Interconnectedness among financial institutions (banks) can play a major role in precipitating systemic financial crises. [2] Lack of information about the quality of bank portfolios...
Persistent link: https://www.econbiz.de/10013025484
This paper tests for evidence of contagion between the financial markets of Thailand, Malaysia, Indonesia, Korea, and …
Persistent link: https://www.econbiz.de/10013212114
Thailand had to endure three major shocks during 2008-2011: the global financial crisis, the Japanese earthquake, and … the Thai floods of 2011. Over this period, consistent with its inflation targeting framework, the Bank of Thailand (BOT … added up to a total of 4 percentage points to real GDP growth during periods when Thailand had to weather these three major …
Persistent link: https://www.econbiz.de/10013096276
nonresident investors in Thailand in 2005 and 2006. Higher returns in the stock market relative to a reference stock market are …
Persistent link: https://www.econbiz.de/10013098595
. Empirical results based on macro and firm-level data from Indonesia, Malaysia, and Thailand (ASEAN-3) support this hypothesis …
Persistent link: https://www.econbiz.de/10013085985
This paper develops an approach for forecasting in Thailand core inflation. The key innovation is to anchor the …
Persistent link: https://www.econbiz.de/10012783174
This paper examines whether the clarity of central bank communication about inflation has changed with the economic environment. We use readability statistics and content analysis to study the clarity of communication on the inflation outlook by seven central banks between 1997 and 2010....
Persistent link: https://www.econbiz.de/10013021788
Thailand stands out in international comparison as a country with a high dispersion of productivity across sectors. It … typical for a country at Thailand's level of income. This suggests large potential productivity gains from labor reallocation … across sectors, but that process - which made a significant contribution to Thailand's growth in the past - appears to have …
Persistent link: https://www.econbiz.de/10013024441
A dynamic stochastic general equilibrium (DSGE) model tailored to the Thai economy isused to explore the performance of alternative monetary and macroprudential policy ruleswhen faced with shocks that directly impact the financial cycle. In this context, the modelshows that a monetary policy...
Persistent link: https://www.econbiz.de/10012829281