Xiao, Lin; Aumeboonsuke, Vesarach - In: Thailand and the world economy 41 (2023) 3, pp. 134-158
The half-life is used to estimate the adjustment speed of a variable to a new equilibrium point after being affected by the impulse response of a unit of shocks. The paper examines the adjustment speed of COVID19, investor sentiment, and the stock market through half-life estimates over the...