Sethapramote, Ph.D., Graduate School of Development Economics, NIDA Spillover Index 12  Specifically, the directional spillover indices separate the total spillover into those coming from (or to) a particular

are tax-privileged, we document several interesting facts. 2 First, most open-ended equity mutual funds in Thailand do not beat the market, whether it is raw or risk-adjusted returns. Second, while 94

quarter still reflects crude price sentiment from Q4/2018, leaving the refinery business with minor inventory loss (included a reversal of lower of cost or market (LCM) of THB 689 million), whereas, during