Over coming decades, changes in population age structure will have profound implications for the macroeconomy, influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. How the future unfolds will depend...

The analysis of the NHA matrices from 1991 to 1997 reveals four main trends. One, total health expenditures have been increasing in both real and per capita terms. But health and financial indicators suggest that the money have not always been spent wisely. Two, the share of family out-of-pocket...

This paper presents the first attempt at estimating the expenditures on the Philippine Population Management Program (PPMP) for 1998 and 2000. It identifies the major sources of funding, namely, national and local government, foreign-assisted projects, PhilHealth, donors and their cooperating...

The authors revisit the long-running minimum wageÒemployment debate to assess new studies claiming that estimates produced by the panel data approach commonly used in recent minimum wage research are flawed by that approach's failure to account for spatial heterogeneity. The new studies use...

This paper explores how elderly labor income can be expanded as a financing source for elderly consumption in the future through increase in elderly work activity. It examines elderly living arrangements and other factors that may influence elderly participation in work activities. The prospects...

The NTA flow accounts for the Philippines for the year 2007 include not only national level estimates but also estimates by income group. Three income groups are defined, referred to as income terciles. This paper examines the financing of consumption by income group. One source of financing is...

The NTA flow accounts for the Philippines for the year 2007 include not only national level estimates but also estimates by income group. Three income groups are defined, referred to as income terciles. This paper compares age profiles of consumption and labor income across income groups. The...

Financing of education in the Philippines is mainly by the government (public) and by households (private), and since the 1990s there has been a shift in the public/private mix in education financing toward higher private share. Between 2007 and 2040 the schooling age population of the...

Have age profiles of consumption and labor income in the Philippines changed from 1994 to 2002? What are the implications of the changes observed in the lifecycle patterns? The National Transfer Accounts (NTA) methodologies are applied to estimate the per capita age profiles of current...