The Surprising Effects of the Great Recession : Losers and Winners in Thailand in 2008-2009

In 2009, buffeted by the great recession, Thai gross domestic product fell by 2.3 percent. Using monthly data from the socio-economic surveys of 2007-2010, this paper finds, after controlling for household variables, that real consumption per capit...

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Bibliographic Details
Main Authors:	Khandker, Shahidur R., Haughton, Jonathan
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	AGRICULTURAL OUTPUT AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTS AGRICULTURE ASSETS CHECKS CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER SPENDING CONSUMPTION EXPENDITURE CONSUMPTION EXPENDITURES CONSUMPTION LEVELS CONSUMPTION PER CAPITA CONSUMPTION SMOOTHING CONSUMPTION SPENDING CREDIT GUARANTEES CURRENCY CURRENCY DEVALUATION CURRENT ACCOUNT DEPENDENT VARIABLE DEVALUATION DEVELOPMENT BANK DEVELOPMENT POLICY DISTRIBUTIONAL EFFECTS DOLLAR VALUE DUMMY VARIABLES DURABLE DURABLE GOODS DURABLES ECONOMIC CRISIS ECONOMIC GROWTH ECONOMIC INDEX ECONOMIC INDICES ECONOMIC OUTLOOK ECONOMIC PERFORMANCE ECONOMIC SHOCKS ECONOMIC SLOWDOWN ECONOMIC STRUCTURE ECONOMIC STRUCTURES ECONOMIC SURVEYS ENERGY PRICE ENERGY PRICES EQUIPMENT EXPORT GROWTH EXPORT GROWTH RATES EXPORT VOLUME EXPORTER EXTERNAL SHOCKS FARM EMPLOYMENT FARM HOUSEHOLDS FARMER FEMALE WORKERS FINANCIAL CRISIS FISCAL POLICY FIXED EFFECTS FOOD CONSUMPTION FOOD PRICES GDP GOVERNMENT INTERVENTION GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATES HOLDING HOUSEHOLD INCOME HOUSEHOLD LIVING STANDARDS HOUSEHOLD SIZE HOUSEHOLD WELFARE HOUSEHOLDS WITH CHILDREN IMPORT IMPORT PRICE IMPORTS INCOME INTEREST PAYMENTS INTERNATIONAL BANK INTERNATIONAL TRADE INVESTMENT SPENDING LABOR FORCE LABOR MARKET LIVING STANDARDS M1 MACROECONOMIC POLICY MEAT MERCHANDISE MERCHANDISE EXPORTS MILK NET EXPORTS NOMINAL INCOME PER CAPITA CONSUMPTION PER CAPITA INCOME PIH POLICY RESPONSES POOR FARMERS POOR HOUSEHOLDS POOR REGION POORER HOUSEHOLDS POVERTY ANALYSIS POVERTY REDUCTION PRICE CHANGES PRICE INDEXES PRICE OF OIL PRICES INDEXES PRIVATE CONSUMPTION PUBLIC INVESTMENT PURCHASING PURCHASING POWER RAPID GROWTH REAL CONSUMPTION REAL GDP RECESSION RELATIVE PRICES REMITTANCE RURAL AREAS RURAL DEVELOPMENT RURAL HOUSEHOLDS RURAL RESIDENTS SALES SCHOOLING SLOWDOWN SPREAD STANDARD OF LIVING SUBSISTENCE SUBSTITUTE TEST OF EQUALITY UNEMPLOYMENT UNEMPLOYMENT RATE VULNERABLE HOUSEHOLDS WAGES WEIGHTS WORLD ECONOMY
Online Access:	http://documents.worldbank.org/curated/en/2012/11/16953104/surprising-effects-great-recession-losers-winners-thailand-2008-2009 http://hdl.handle.net/10986/19927

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http://documents.worldbank.org/curated/en/2012/11/16953104/surprising-effects-great-recession-losers-winners-thailand-2008-2009
http://hdl.handle.net/10986/19927

The Surprising Effects of the Great Recession : Losers and Winners in Thailand in 2008-2009

Internet

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