Can Government Bond Replace Rational Bubbles?The Empirical Investigation on Singapore and Thailand

by Editor DLSUBER | | Volume 28 No.2

Athakrit Thepmongkol and Pichet Kaytanyaluk National Institute of Development Administration, Thailand tong_econ@hotmail.com   Abstract: This paper aims to test the theoretical policy implication on rational bubbles. Many works, including Caballero and Krishnamurthy...

How Does the Thai Stock Market Respond to Monetary and Fiscal Policy Shocks?

by Editor DLSUBER | | Volume 28 No.2

Suthawan Prukumpai Kasetsart University, Bangkok, Thailand fbusswp@ku.ac.th Yuthana Sethapramote National Institute of Development Administration, Bangkok, Thailand   Abstract: This study examines the impacts of monetary and fiscal policy on the Thai stock market...

Measuring Fiscal and Monetary Policies Spillovers in ASEAN

by Editor DLSUBER | | Volume 28 No.2

Thi Mai Lien Dau School of Development Economics, National Institute of Development Administration, Bangkok, Thailand daumailien@yahoo.com Yuthana Sethapramote National Institute of Development Administration, Bangkok, Thailand   Abstract: This paper aims to...

The Role of Fiscal Policy in a Natural Disaster-Prone Economy

by Editor DLSUBER | | Volume 28 No.2

Dickson Lim De La Salle University, Manila Philippinesdickson.lim@dlsu.edu.ph     Abstract:Theoretical work done on the macroeconomic impact of natural disasters has neglected the role of fiscal policyin stabilizing other sectors of the economy. Although inclusion of...

Are Filipino Smokers More Sensitive to Cigarette Prices due to the Sin Tax Reform Law?:A Difference-in-difference Analysis

by Editor DLSUBER | | Volume 28 No.2

Myrna S. Austria De La Salle University, Manila, Philippines myrna.austria@dlsu.edu.ph Jesson A. Pagaduan Asian Development Bank, Philippines Abstract: Employing a two-part estimation model using the Family Income Expenditure Survey before (2009) and after (2015) the...