Macro Volatility and Financial Crisis in Thailand : Some Historical Evidence

This paper uses national income identity to explain the causal relationships among Thailand's aggregate volatility, deficient financial structure, financial liberalization, and financial crisis in this country. Relatively good macroeconomic policies and diversified structure were able to compen...

Full description

Bibliographic Details
Main Author: Pholphirul, Piriya
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4840