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    FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH IN ASIA 

    Visamanh Sanaphanh; Visamanh Sanaphanh; Yuthana Sethapramote; ยุทธนา เศรษฐปราโมทย์; National Institute of Development Administration. School of Development Economics; Yuthana Sethapramote; ยุทธนา เศรษฐปราโมทย์ (National Institute of Development Administration, 12/8/2022)

    This study has the propose to investigate the relationship between financial development and economic growth of overall countries in Asia, using the financial development indicators such as banking development indicators, stock market development indicators and economic growth taken as a panel data of all 48 countries in Asia that cover the period of 1975-2015. The study also proceeds the country-specific effects by applying panel data fixed effects methods, performing the causality test using panel var causality and apply the Generalized Method ...
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    STOCK RETURN PREDICTABILITY IN EMERGING MARKETS 

    Natthawudh Konglumpun; Natthawudh Konglumpun; Yuthana Sethapramote; ยุทธนา เศรษฐปราโมทย์; National Institute of Development Administration. School of Development Economics; Yuthana Sethapramote; ยุทธนา เศรษฐปราโมทย์ (National Institute of Development Administration, 13/8/2021)

    The stock return predictability still be a puzzle in the financial economics society that have not yet solved for several decades. Some of them believe that they are  predictable, and that stakeholders are able to ensure opportunities to allocate their assets in advance  while others disagree and believe in stock market efficiency.  In spite of the fact that a number of researchers that have recognized the predictive model as fact, there are still some doubts in terms of econometric issues. Econometricians generally agree that the predictive ...