Wilsdcats Activities 2002

Letter of Transmittal
June 15, 2002
Dr.Bangorn Tubtimtong
Assistant Professor,
Masters in International Economics and Finance
Faculty of Economics,
Chulalongkorn University,
Phayathai Road, Bangkok, Thailand

Subject: Letter of Transmittal.

Dear Madam,

Here is my paper on " How effectiveness of the fiscal and

monetary.” that I was assigned. It was a great opportunity for me to
acquire practical knowledge of the Quantitative Methods in Economic
Analysis and forecasting

I have concentrated my best effort to achieve the objectives of the report

and hope that my endeavor will serve the purpose.

I believe that the knowledge and experience I have gathered during my

paper preparation will immensely help me in my professional life. I will be
obliged if you kindly approve this effort.

Sincerely yours

Sk. Ashiquer Rahman

Id#4585974929
Masters in International Economics and Finance
Bangkok, Thailand

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Preface

Any institutional education would not be completed if it were confined

within theoretical aspects. Every branch of education has become more
competed by their practical application and accomplishment of full
knowledge. We shall be benefited by our education if we can effectively
apply the institutional education in practical fields. Hence, we all need
practical education to apply theoretical knowledge in real world. By
considering this importance “faculty of economics” arranges the
Quantitative Methods in Economic Analysis courses for the students of
Masters in International Economics and Finance. As a part of this program
my topic was selected as “how effectiveness of the fiscal and
monetary. ”

I tried my best to conduct an effective study by arrange and analysis data.

There may be some mistakes, which are truly unintentional. So, I would
request to look at the matter with merciful mind.

Sk. Ashiquer Rahman

Id#4585974929
Chulalongkorn University
Masters in International Economics and Finance
Bangkok, Thailand

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Acknowledgement

First, all praises go to almighty Allah, the most gracious, the most merciful to
give me the ability for all these I have done.

Then I would like to thank Ms. Wanwadee Wongmongkol. Now I would like to
thank Dr.Bangorn Tubtimtong Assistant Professor, Chulalongkorn University,
Phayathai Road, Bangkok,Thailand to give me the opportunity to do this
project.

I would also like to thank Professor. Paitoon Wiboonchutikula, Ph.D ,Associate

professor and Chairperson of Faculty of Economics, Chulalongkorn University
& Professor Salinee. Secretatery international economics and finance. My
striking thanks go to honorable sir Dr. MN.Sirker who has helped me in all
aspect to prepare the report.

I would like to thank lab incharge Ms. Mink . Last but not the least I
wish to thank my friends, William Lloyed ,Nakarin and Athipat, for their
very helpful discussions.

Sk. Ashiquer Rahman

Id#4585974929
Chulalongkorn University

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 Wilsdcats Activities 2002

Masters in International Economics and Finance

Bangkok, Thailand

Table of Content

Title Page

Letter of Transmittal ii

Preface iii
Acknowledgement iv
Table Of Content v
Statement Of The Problem 1-1
Literature Review 1-1
Formulation Of General Model 2-3
Data Sources &Description 3-4
Model Estimation And Hypothesis Testing 5-14
Interpretation Of The Results And 15-15
Conclusions
References 15-15

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