Now showing items 41-52 of 52

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    Competition and the bank lending channel : evidence from bank - level data in Thailand 

    Jakkrich Jearviriyaboonya; Yuthana Sethapramote (National Institute of Development Administration, 2018)

    This paper attempts to assess the degree of competition in Thailand’s banking system, and examine the evolutionary effect of bank regulations. Furthermore, this paper investigates how a change in competition can affect the monetary policy on bank lending channel in Thailand. This study employs panel data from ten commercial banks over quarterly time periods from 2001–2015. The competition variable is measured using the Lerner index. Bank regulations can be divided into four groups: (i) restrictions on banking activities, (ii) limitations on foreign ...
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    Estimating economic value of forest ecosystem services : a meta-analysis 

    Tiparpa Ratisurakarn; Adis Israngkura (National Institute of Development Administration, 2019)

    Forests have significant functions for the global ecosystem. Despite its immense contribution to our wellbeing, deforestation is continuing to be one of the world’s biggest problem leading to degradation of environmental and human welfare. In developing countries, there has been ongoing controversy in balancing economic development on the one hand and the need to conserve forests on the other. A key to balancing development and conservation is an accurate estimation of the economic value of forests and use it in decision making.  In this regard, ...
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    Human capital, inequality and economic growth in Thailand 

    Uddin, Md. Nasir; Saran Sarntisart (National Institute of Development Administration, 2019)

    This dissertation contains three papers concentrating on human capital, inequality and economic growth in Thailand. All three papers use the Labor Force Survey (LFS), conducted by National Statistical Office (NSO) in Thailand. First paper (Chapter two of this dissertation) aims to find intergenerational rate of transmission of human capital. As one of the major limitations of finding intergenerational rate of transmission is endogeneity problem, this paper contributes by proposing an alternative instrument to find rate of transmission of human ...
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    Economic significance of work experience : evidence from Thailand 

    Kritsada Wattanasaovaluk; Suchittra Chamnivickorn (National Institute of Development Administration, 2020)

    The decline in labor force due to a rapid transition of population structure to an aging society in Thailand has raised concerns over economic potential of the country and demanded urgent policies to tackle the labor reduction problem. Promoting elderly employment is a possible way of addressing the reduction in labor force, as current and future seniors tend to be healthy and highly educated. They can maintain human capital and remain productive even after retirement. Elders are highly experienced and this human capital enables them to work ...
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    The impact of saving schemes on saving behaviour : evidence from Thailand 

    Siam Sakaew; Amornrat Apinunmahakul (National Institute of Development Administration, 2020)

    Thailand has many compulsory saving schemes for income security at old age. A crucial question is whether how different saving schemes affect saving behavior of workers with different working status. Whether the dissimilar in saving is related to the observable characteristics of workers or is due to the effect of benefits in different saving schemes. It is essential to determine that compulsory saving schemes encourage formal workers to save more or discourage saving. At the same time, it must be determined whether informal workers who do not ...
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    A new approach to the business cycle and insights for the allocation of investment asset classes and sectoral stock return along the business cycle 

    Korn Talthip; Sorasart Sukcharoensin (National Institute of Development Administration, 2020)

    Portfolio management strategy enables investors to reduce risk and maximize return. Investment in different stocks in equity market helps reducing non-systematic risk however systematic risk of portfolio obviously affected by macroeconomic conditions. Different stages of business cycle associates with changes in macroeconomic environment together with business sentiment and different market expectations which impact performance of specific asset classes in each stage. Equity in different stock sectors responses differently in various economic and ...
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    Essays on economic bubbles 

    Pichet Kaytanyaluk; Athakrit Thepmongkol (National Institute of Development Administration, 2020)

    The aim of this dissertation is to study the bubbles in the economy. There are two separated studies which are 1) “Testing the bubbles and the crashes of the asset prices: The evidence from the southeast Asian countries.” and 2) “Can government bond replace rational bubbles? The empirical investigation on Singapore and Thailand.” combined in this dissertation.  For the long period of time, many economists try to find the detector for the existense and the crashes of the bubble. However, many of econometric models might distinquish the explosive ...
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    Scale economies and the potential gain from local amalgamation in Thailand 

    Kobkan Panphong; Santi Chaisrisawatsuk (National Institute of Development Administration, 2020)

    Local government policies have been strongly linked to the principles of subsidies and decentralization in Thailand since 1997. The distribution model for local government organizations is linked to the suitability or need for change, which often depends on the economic efficiency and size of the local government organization in terms of population, i.e. economies of scale. This study contributes to the discussion on economies of scale under the conditions of Thai local administrative organizations based on the Cobb-Douglas production function ...
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    Stock return predictability in emerging markets 

    Natthawudh Konglumpun (National Institute of Development Administration, 2020)

    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 ...
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    Forecasting government bond yields in Thailand 

    Wantana Buaban; Yuthana Sethapramote (National Institute of Development Administration, 2021)

    This dissertation aims to comprehensively investigates key macroeconomic factors and bond yield interaction in Thai bond market, and analyzes the impacts of both domestic and international economic factors on the fixed income yields in different maturities of 1-, 3-, 5-, 7-, and 10-year movements, as well as forecasts the future bond yields of different maturities with macroeconomy, including comparing the best predictive yields with each model. Through estimating VAR, Bayesian VAR, and Single Equation (SE) approaches as well as Random Walk (RW) ...
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    Behavioral interventions for choice decisions: convenience and visibility interventions versus taste preference 

    Rapeepat Manasoontorn; Prasopchoke Mongsawad (National Institute of Development Administration, 2021)

    Successful behavioral interventions to reduce the consumption of unhealthy food help lessen the burden of non-communicable diseases. In prior research, a conventional approach such as providing nutrition information could not overcome the  “tasty” impact of unhealthy food. This study is a field experiment, conducting in a casual restaurant, designed to assess the effects of behavioral- and cognitively-oriented interventions on healthy meal choice. The interventions include convenience enhancement, visibility enhancement and a combination of the ...
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    Household debt and universal health coverage in Thailand : empirical evidence on the household savings 

    Pongsak Thaweesatidsatean; Athakrit Thepmongkol (National Institute of Development Administration, 2021)

    Many studies have found that social security system such as pension system depresses household savings. The Universal Health Coverage (UHC) scheme is a type of social security system in Thailand, but it is questionable whether or not it is contributes to household debt. The two purposes of this paper are to theoretically analyze the pros and cons of implementing the UHC or Co-Payment Scheme (CPS) in a small open economy with the focus on Thailand by using a two-period Overlapping Generations Model (OLG), and to analyze the causal relationship ...