Macroeconomic Modelling and Risk Analytics for Government Savings Bank

Last updated on Apr 18, 2026

Since 2018, a sustained series of projects has been carried out for the Government Savings Bank of Thailand (ธนาคารออมสิน), covering macroeconomic forecasting, credit risk modelling, and economic sentiment measurement:

  • Macroeconomic Model Validation and GDP Forecasting (2018–2021): As principal investigator, conducted four consecutive annual projects to test, update, and improve a macroeconomic model for estimating Thailand’s quarterly GDP growth. Each cycle included model validation, parameter re-estimation, and updated quarterly forecasts.

  • Credit Application Scoring Model (2019): Developed and deployed an Application Scoring Model (Application Scoring) to assess credit risk for credit card and cash card applicants, in collaboration with ITG, including a four-year maintenance contract. A full applied machine learning and econometric pipeline for a major state financial institution.

  • Grassroots Economic Confidence Index (2025, ongoing): As principal investigator, currently designing and implementing a nationwide survey to construct a Grassroots Economic Confidence Index (ดัชนีความเชื่อมั่นเศรษฐกิจฐานราก) and public opinion poll, capturing economic sentiment at household and community level.

Macroeconomics Financial Econometrics Time Series
Chaleampong Kongcharoen
Chaleampong Kongcharoen
Assistant Professor of Economics, Associated Dean on Academic Affairs

I’m an assistant professor of economics at Thammasat University. My research interests are time series econometrics, and empirical macroeconomics.

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