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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 …
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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/10009621634
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. 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/10012670992
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/10012671579
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/10012667433
A dynamic stochastic general equilibrium (DSGE) model tailored to the Thai economy is used to explore the performance of alternative monetary and macroprudential policy rules when faced with shocks that directly impact the financial cycle. In this context, the model shows that a monetary policy...
Persistent link: https://www.econbiz.de/10012251910
, Sweden, Thailand, and Uganda). Kenya shows strong volatility transmission and high persistence similar to other countries in …
Persistent link: https://www.econbiz.de/10011711565