Krislert Samphantharak
Assistant Professor of Economics
krislert@ucsd.edu
Phone: (858) 534-0627
Fax: (858) 534-3939
Office Hours:
Thursday
2:30 - 5:30 p.m.
9500 Gilman Drive
La Jolla, CA 92093-0519
Office #1307
Education
Ph.D. and A.M., University of Chicago, 2003 (economics)
B.A., Chulalongkorn University, Bangkok, Thailand, 1998 (economics, first class honor with a gold medal)
Biography
CV
Professor Krislert Samphantharak's research applies frameworks and theories in corporate finance and asset pricing to study household finance in developing economies. His current research on village economies in Thailand looks at household's occupation diversification, volatility and smoothing of household income and consumption, and risks and returns on household assets. He also studies the role of family and networks in family businesses and corporate restructuring in emerging economies. Other research interests include the effect of unpredictable corruption on firm investment, the effect of sales tax on gasoline prices, the effect of firm's lobby spending on its effective tax rate, and economic development of economies in Southeast Asia.
Samphantharak's book, Households as Corporate Firms: An Analysis of Household Finance Using Integrated Household Surveys and Corporate Financial Accounting, will be available in December 2009 from Cambridge University Press. Click here for a link to the publication page.
Programs and Centers
Southeast Asia Regional Concentration Program
Perspectives
Samphantharak can provide commentary about the Thai economy, business groups in East Asia, and formal and informal financial institutions in village economies.
Expertise
Samphantharak has expertise in the areas of economic development, corporate finance, corporate governance, business groups, family business, and economic development of Southeast Asia.
Current Projects
Samphantharak's research applies frameworks and theories in corporate finance and asset pricing to study household finance in developing economies. His current research on village economies in Thailand looks at household's occupation diversification, volatility and smoothing of household income and consumption, and risks and returns on household assets. He also studies the role of family and networks in family businesses and corporate restructuring in emerging economies. Other research interests include the effect of unpredictable corruption on firm investment, the effect of sales tax on gasoline prices, the effect of firm's lobby spending on its effective tax rate, and economic development of economies in Southeast Asia.
Background Notes
Samphantharak joined IR/PS in 2003.
Research Interests
Book Project
Economic Development of Southeast Asia
Publications of Note
Book
Households as Corporate Firms: An Analysis of Household Finance Using Integrated Household Surveys and Corporate Financial Accounting. (with Robert M. Townsend), Cambridge University Press, 2009.
Articles
"$2.00 Gas! Studying the Effects of Gas Tax Moratorium" (with Joseph J. Doyle, Jr.) Journal of Public Economics, April 2008.
"Mixing Family with Business: A Study of Thai Business Groups and the Families behind Them." (with Marianne Bertrand, Simon Johnson, and Antoinette Schoar) Journal of Financial Economics, June 2008.
“Predictable Corruption and Firm Investment: Evidence from a Natural Experiment and Survey of Cambodian Entrepreneurs,” (with Edmund Malesky), Quarterly Journal of Political Science, 2008, 3: 227–267.
"Lobbying and Taxes." (with Brian K. Richter and Jeffrey F. Timmons), American Journal of Political Science, October 2009.
"Edgeworth Cycles Revisited." (with Joseph J. Doyle, Jr. and Erich J. Muehlegger), Energy Economics, forthcoming.
Recent Working Papers
"Households as Corporate Firms: Constructing Financial Statements from Integrated Household Surveys." (with Robert M. Townsend), April 2008, revised and resubmitted. (Monograph)
"Lobbying and Taxes." (with Brian K. Richter and Jeffrey F. Timmons) August 2008, revised and resubmitted.
"Edgeworth Cycles Revisited." (with Joseph J. Doyle, Jr. and Erich J. Muehlegger), August 2008, under review.
"Mixing Family with Business II: Evidence from a Crisis." (with Marianne Bertrand, Simon Johnson, and Antoinette Schoar) August 2008.
"Risks and Returns in Village Economy: An Asset Pricing Approach." (with Robert M. Townsend) August 2008.
"Understanding Consumption Volatility." (with Robert M. Townsend) August 2008.
"Internal Capital Markets in Business Groups." January 2007.
"The Choice of Organization Structure: Business Group versus Conglomerate." October 2007.
"Capitalism in Southeast Asia through the Lens of Corporate Finance: A Survey." February 2007.
IRGN 490 Applied Financial Management
Winter 2010
IRGN 406 Financial Institutions
Winter 2010
Course Description:
This course analyzes the roles of money and financial institutions in the economy. The first part of the course focuses on microeconomics and the financial system. The topics include money, financial markets, financial intermediaries, banking regulations, and bank runs. The second part of the course focuses on the microeconomics aspects of financial institutions. The topics include financial development, financial liberalization, and their effects on the economy, especially economic growth and development. Prerequisite: IRCO 403 and IRCO 421 or consent of instructor.
IRGN 462 Economies of Southeast Asia
Winter 2010
Course Description:
This course focuses on the long-run and current economic issues of Southeast Asia. The topics are economic growth, human capital, inequality and poverty, social institutions, the business sector, the financial sector, government, the external sector, and regional and interregional economic relations. For each topic, we will discuss the issues from selected countries in the region in more detail.
IRGN 498 Seminar on Southeast Asia
Spring 2009