Piyachart Phiromswad, Ph.D.

  • Faculty, Finance
  • Member, Administrative Committee
  • Member, Curriculum Development Committee
  • Member, Research Committee
  • Member, Ph.D. Program Committee
  • Member, Finance Faculty Group


  • Teaching: Macroeconomics (MBA), Advanced Macroeconomics (Ph.D) and Econometrics (Ph.D.)
  • Research in Economics: Monetary Economics, Population Economics and Causal Search Algorithm
  • Research in Management: Human Resource Management and Behavioral Finance

Selected Publications:

  • Roongrerngsuke, Siriyupa, Piyachart Phiromswad, and Phongstorn Ermongkonchai. “Human Resource Management Restructuring as a Key Mechanism of the Localization Process: A Case Study at Thai Yamaha Motor.” International Journal of Knowledge, Culture and Change Management, Volume 10, Issue 12 (2011): 63-76.
  • Phiromswad, Piyachart, Takamasa Fujioka, and Sabin Srivannaboon. “A Framework for Identifying Strengths and Weaknesses of Competitiveness: A Case Study of Thailand.” Sasin Journal of Management, Vol. 17, Number 1 (2011).
  • Phiromswad, Piyachart. “Measuring monetary policy with empirically grounded identifying restrictions.” Empirical Economics 46, no. 2 (2014): 681-699.
  • Rawinda, Punnahitanon, Piyachart Phiromswad, Tanasak Krabuanrat. “Green Human Resource Management and Corporate Financial Performance in Thailand.” Sasin Journal of Management, Vol. 19, Number 1 (2014).
  • Phiromswad, Piyachart. “Measuring monetary policy with empirically grounded restrictions: An application to Thailand.” Journal of Asian Economics 38 (2015): 104-113.
  • Phiromswad, Piyachart, and Takeshi Yagihashi. “Empirical identification of factor models.” Empirical Economics (2015): 1-38.


  • Doctor of Philosophy, Economics, UNIVERSITY OF CALIFORNIA – DAVIS
  • Bachelor of Economics (International Program), THAMMASAT UNIVERSITY