Monetary policy - ThailandThailandThe monetary history of Thailand over the past decade and a half offers an interesting study of progressive adaptation to a fixed or quasi-fixed exchange rate regime. Throughout the period since 1970, Thailand has experienced wide fluctuations in monetary growth in ...
The present financial system comprises the Bank of Thailand (central bank), 30 commercial banks (Appendix 3), the Industrial Finance Corporation of Thailand (IFCT), the Bank for Agriculture and Agricultural Co-operatives (BAAC), the Government Savings Bank, the Government Housing Bank, 129 finance...
ThailandThis paper investigates the strength of the bank lending channel in the transmission of monetary policy in Thailand. Bank behavior is captured by quarterly balance sheet data for ten commercial banks of diverse size for the period 2007-2016. Based on a flexible form profit function, bank ...
Two members voted to cut the policy rate by 0.25 percentage point to reflect Thailand’s lower potential growth as a result of structural challenges and to partly alleviate debt-servicing burden of borrowers. The Thai economy in the second half of 2023 slowed more than anticipated due to ...
RationaleOn December 26, 2023, the Cabinet approved the monetary policy target for the year 2024, which was mutually agreed upon by the Monetary Policy Committee (MPC) and the Minister of Finance, in accordance with Section 28/8 of the Bank of Thailand Act B.E. 2485 (1942) as amended ...
The results show that there are no bubbles in Thailand under Engle and Granger cointegration test and ARDL Bound test during 2002-2012. For the monetary policy effects, there are monetary policy transmissions from the policy rate on the real money supply, deposit rates and lending rates under ...
Comprehensive and meticulously documented facts about monetary policy. Learn about the Federal Reserve, inflation, exchange rates, the gold standard, and more. For example: • Who Owns the Fed? • Causes of Inflation • Exchange Rates • Measures of Inflation • The Gold Standard • Qua...
Transmission mechanism of monetary policy in India Journal of Asian Economics (2010) P. Disyatat et al. Monetary policy and the transmission mechanism in Thailand Journal of Asian Economics (2003) H. Garretsen et al. The transmission of interest rate changes and the role of bank balance sheets...
Though the finding from this study gives a positive view for the use of the MCI index as an important indicator for characterizing the short-term monetary conditions in the conduct of monetary policy in Thailand as well as for assessing the behaviour of the inflation rate in the future, the ...
accumulation: (i) the impact on the banking systems, (ii) modeling and examining the macroeconomic implications, and (iii) exploring theoretical and empirical interconnections with monetary policy, in the context of small open economies such as Thailand, South Korea, Malaysia, Philippines and ...