of Shock Market Regulator. According to the Notification of the Board of Stock Market Regulator No Tor Jor 20/2551 Re: Principal of the material transactions that are considered to be under the

-GARCH 1)Construct portfolios Direct & Indirect 2)Examine Dynamic Correlation with Bitcoin after the announcements Dynamic Correlation with Bitcoin Impulse-Response Analysis • One standard deviation shock

– 2019. ΔGPR Country-specific Monthly GPR Country-specific Yearly GPR Changes in yearly Country-specific GPR ΔGPR_SYS Changes in Systematic components of Country-specific GPR (Global Systematic shock) Δ

Thailand is committed to building forward better in a post-pandemic world that has been exacerbated by the global shock in food supply caused by the war in Ukraine and the ongoing climate crisis

has been exacerbated by the global shock in food supply caused by the war in Ukraine and the ongoing climate crisis. Before the pandemic, UNESCAP (2019) estimated that to meet the SDGs, Thailand would

., Graduate School of Development Economics, NIDA How to measure spillovers? 9  The VDs (𝜃𝑖,𝑗(𝐻)) represent the contribution of a one-standard deviation shock of Xj to the variance of the H-step ahead

shock (Dichev and Tang, 2009). Similar to other regressions, year fixed effects and industry fixed effects are estimated in the model. I also cluster standard errors by firm and year. As per Hypothesis IV

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