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This paper describes the quantitative influence of household debt and wealth on total consumption in Thailand during the recession and recovery periods after the 1997 financial crisis. The analysis… (More)
This paper investings the functioning of the Thai labor market in regards to structural transformation and wage structure determination. It also aims to shed light on two puzzling pieces of evidence.… (More)
This paper empirically presents monetary and scal policy interactions in Thailand’s Structural Vector Error Correction Model (SVECM) setting up based on a theoretical Dynamic Stochastic General… (More)
This paper assesses the current strength of balance sheets of the corporate and household sectors that together account, through private investment and consumption, for over 70 percent of the Thai… (More)
The Asian financial crisis in 1997 has an impact on Thailand's productivity both in the short run and in the long run. The post-crisis productivity growth rate dropped to merely 1% per year in… (More)
This paper identifies policy challenges to the skill formation process in Thailand. Specifically, we examine whether the foundation of current policies help foster skill acquisition and prepare our… (More)