Woraphon Yamaka

Do Increases and Decreases Matter Equally? Asymmetric and Regionally Heterogeneous Housing-Stock Interactions in Mainland China

This study examines the asymmetric relationship between housing prices and stock market returns across China’s major economic regions. Specifically, it investigates whether positive and negative shocks exhibit different transmission dynamics and whether these dynamics vary across...

The economic impact of COVID-19: losses and resilience factors

This study proposes a numerical assessment of the economic loss associated with COVID-19 across 46 countries. We estimate these losses by forecasting each country’s counterfactual GDP, that is, the GDP that would have occurred in the absence of the pandemic, using a hybrid WT–QPS...