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Byung-Nam Yu

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Open access Aug 2026

Determinants of household debt in Thailand: A cointegration and VECM analysis

Household debt has become a major macroeconomic concern in Thailand since its persistently high level and potential risks to economic and financial stability. This study investigates the long-run and short-run macroeconomic and financial determinants of household debt in Thailand, utilizing quarterly data from 1998Q1 t...

Saranya Raksong, Byung-Nam Yu · 0 citations

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