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effects of world interest rate shocks on real activity in Thailand. The analysis incorporates balance sheet related credit … market frictions into the IMF’s Global Economy Model (GEM) and finds that Thailand would best minimize the adverse effects of …
Persistent link: https://www.econbiz.de/10014400408
, and Thailand, this paper finds that monetary policy affects EMP as generally expected: contractionary monetary policy …
Persistent link: https://www.econbiz.de/10014400654
This paper evaluates monetary policy and its relationship with the exchange rate in five Asian crisis countries. The findings are compared with previous currency crises in recent history. The paper finds no evidence of overly tight monetary policy in the Asian crisis countries in 1997 and early...
Persistent link: https://www.econbiz.de/10014401509
consistent message in five out of six observations in our 2000-05 sample of Chile, the Czech Republic, Hungary, Poland, Thailand …
Persistent link: https://www.econbiz.de/10014401995
, Malaysia, Singapore, and Thailand since the early 1980s. The empirical results indicate continuing instability in the …
Persistent link: https://www.econbiz.de/10014403342
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/10014396893
External demand was the main driver of growth in Thailand in 2006 and 2007. However, WEO projections indicate …, and high oil prices. While the share of Thai exports to the US has fallen in recent years, the US remains Thailand …''s largest export destination. We use a small structural model and Bayesian estimation to assess the possible impact of a U …
Persistent link: https://www.econbiz.de/10014401861
Persistent link: https://www.econbiz.de/10009424784
Persistent link: https://www.econbiz.de/10011281613
Persistent link: https://www.econbiz.de/10011281894