1. Introduction -- 1.1 References -- 2. Some Remarks on Econometric Model Building -- 2.1 References -- 3. Prediction-Oriented Estimation Methods for the Canonical Disequilibrium Model -- 3.1 References -- 4. Investment in Residential Construction -- 4.1 Introductory Remarks -- 4.2 Demand for...

The Philippines has experienced overall growth over these last twenty years, but the growth of the manufacturing sector has been sluggish and the country has lost innovation capacity. Re-gaining momentum will depend on many factors, but skills have a key role to play to support the growing...

The Philippine economy has been growing rapidly, at an annual growth rate of 5 percent over the past five years. Such decent growth in gross domestic product, however, did not translate into an increase in household income. Wage income declined in real terms. The poverty headcount increased...

This paper examines the long-term impacts of improved school quality at the elementary school stage on subsequent schooling investments and labor market outcomes using unique data from a recent survey that tracked students in the Philippines. The empirical results, which are based on a...

This study analyzes labor market performance in the Philippines from the perspective of workers' welfare. It argues that pervasive in-work poverty is the main challenge facing labor policy. Poverty is primarily due to low earning capacity of the poor and to their limited access to regular and...

While the Philippines has achieved remarkable progress in raising the education level of its labor force, the standard proxy for educational attainment, years of formal schooling, is increasingly inadequate as a measure of workforce skills. About one-third of employer's report being unable to...