Now showing items 1-1 of 1

  • Thumbnail

    The impacts of fiscal and monetary policies on employment : a study of Thailand from 1983-2008 

    Marisa Laokulrach; Ponlapat Buracom, advisor (National Institute of Development Administration, 2011)

    Employment is one of the key economic indicators. Schools of economics have different perspectives toward the policies to stabilize employment. Keynesian theory states that deficiency of aggregate demand causes unemployment, and consequently the use of fiscal and monetary policies to increase aggregate demand can increase employment level. Classical, monetarist, and real business cycle theories state that macroeconomic policies cannot influence employment; instead, employment is generated by supply-side factors and nonintervention markets. ...