by Daisy Mojares | Feb 8, 2019 | Volume 28 No. 2
Lawrence B. Dacuycuy Year: 2019 January, Volume 28 No. 2Pages: 1–9 Abstract: Using a calibrated dynamic model that embeds endogenous fiscal policy tools, this note provides simulation evidence on the effectiveness of tax and fiscal spending policies in determining key...
by Daisy Mojares | Feb 8, 2019 | Volume 28 No. 2
Myrna S. Austria and Jesson A. Pagaduan Year: 2019 January, Volume 28 No. 2 Pages: 10–25 Abstract:Employing a two-part estimation model using the Family Income Expenditure Survey before (2009) and after (2015) the tax reform, our study assessed the impact of the...
by Daisy Mojares | Feb 8, 2019 | Volume 28 No. 2
Dickson Lim Year: 2019 January, Volume 28 No. 2 Pages: 26–29 Abstract: Theoretical work done on the macroeconomic impact of natural disasters has neglected the role of fiscal policy in stabilizing other sectors of the economy. Although inclusion of a public sector...
by Daisy Mojares | Feb 8, 2019 | Volume 28 No. 2
Thi Mai Lien Dau and Yuthana Sethapramote Year: 2019 January, Volume 28 No. 2Pages: 30–51 Abstract: This paper aims to comprehensively examine fiscal and monetary policies spillovers to real GDP and inflation in ASEAN-5 countries. We examine the effects of shocks from...
by Daisy Mojares | Feb 8, 2019 | Volume 28 No. 2
Suthawan Prukumpai and Yuthana Sethapramote Year: 2019 January, Volume 28 No. 2Pages: 52–68 Abstract: This study examines the impacts of monetary and fiscal policy on the Thai stock market using the structural vector autoregressive (SVAR) model. In addition to the...
by Daisy Mojares | Feb 8, 2019 | Volume 28 No. 2
Athakrit Thepmongkol and Pichet Kaytanyaluk Year: 2019 January, Volume 28 No. 2 Pages: 69–86 Abstract: This paper aims to test the theoretical policy implication on rational bubbles. Many works, including Caballero and Krishnamurthy (2006), Kocherlakota (2009), and...