Similar Search Results

Philippine Monetary Policy and Aspects of the Financial Market: A Review of the Literature

Tan, Edita A.; Francisco, Clodualdo - Philippine Institute for Development Studies (PIDS), … - 1979

Starting from early 1960s to late 1970s, this study conducts a survey of the literature dealing with Philippine monetary policy and related aspects of the financial market. In doing so, several important research problems are noted. Hence, this study is able to aid researchers, planners and...

Persistent link: https://www.econbiz.de/10005787263

Controllability of Various Monetary Aggregates

Lamberte, Mario B. - Philippine Institute for Development Studies (PIDS), … - 1984

Analysis of the estimation performed indicates the need for adequate attention over the target aggregates. In the light of other policies undermining monetary control, it is worthwhile to ensure transparency on the central bank’s goal.

Persistent link: https://www.econbiz.de/10005092670

An Analysis of the Monetary Transmission Mechanism in East Asia

Pobre, Mervin L. - Philippine Institute for Development Studies (PIDS), … - 2004

This article makes an attempt to uncover and explain the linkages between monetary policy and growth, using the cases of South Korea, the Philippines and Thailand with short-term interest rates as main indicator. It seems that, with the results from the three countries taken together, tighter...

Persistent link: https://www.econbiz.de/10005092680

Dollarization: Concepts and Implications for Monetary and Exchange Rate Policy in the Philippines

Yap, Josef T. - Philippine Institute for Development Studies (PIDS), … - 2001

Currency substitution implies the greater share of foreign currency in the asset holdings of domestic residents. Dollarization is the complete replacement of the local currency- in this case, the peso- by a foreign currency, most likely the US dollar. The paper finds that dollarization or...

Persistent link: https://www.econbiz.de/10005092761

Assessment of the Financial Market Reforms in the Philippines, 1980-1992

Lamberte, Mario B. - Philippine Institute for Development Studies (PIDS), … - 1993

Early 1980s has seen series of reforms in the Philippine financial system having improved financial intermediation as the general objective. This paper reviews the pace and effectiveness of the reforms implemented by the government. Findings show that economic instability and the ineffective...

Persistent link: https://www.econbiz.de/10005092867

Monetary Instruments and the Control of Liquidity in the Philippines: Focus on Open Market Operations

San Jose, Armida S. - Philippine Institute for Development Studies (PIDS), … - 1990

Monetary policies refer to the actions of central banks aimed to achieve macroeconomic stability and to influence financial factors such as money and interest rate. This paper discusses the framework for analyzing how monetary instruments affect monetary targets and the advantages and...

Persistent link: https://www.econbiz.de/10005092878

Central Banking in the Philippines: Then, Now and the Future

Lamberte, Mario B. - Philippine Institute for Development Studies (PIDS), … - 2002

The country’s central bank has a profound impact on the lives of all residents in the country. This paper attempted to put some policy issues on central banking in the country in certain perspectives so that policy debates on these issues can proceed with greater focus. More specifically, it...

Persistent link: https://www.econbiz.de/10005685840

MCSME Promotion Policy and Legislative Agenda: Focus on Monetary Policy. Finance and Credit Programs

Lamberte, Mario B. - Philippine Institute for Development Studies (PIDS), … - 1990

The Philippine monetary and banking policies have gone through several changes. Between the creation of the Central Bank and 1985, cheap credit policies have been maintained. Highly specialized banks are created to serve specific sectors. This has resulted to the shortfall of the financial...

Persistent link: https://www.econbiz.de/10005685876

An Estimated (Closed Economy) Dynamic Stochastic General Equilibrium Model for the Philippines: Are There Credibility Gains from Committing to an Inflation Targeting Rule?

Majuca, Ruperto P. - Philippine Institute for Development Studies (PIDS), … - 2011

We use Bayesian methods to estimate a medium-scale closed economy dynamic stochastic general equilibrium (DSGE) model … for the Philippine economy. Bayesian model selection techniques indicate that among the frictions introduced in the model … important. We find that the Philippine macroeconomy is characterized by more instability than the U.S. economy. An analysis of …

Persistent link: https://www.econbiz.de/10008915783

Dollarization: Concepts and Implications for Monetary and Exchange Rate Policy in the Philippines

Yap, Josef T. - Philippine Institute for Development Studies (PIDS), … - 2001

Persistent link: https://www.econbiz.de/10011184673