The world is facing its biggest public health crisis in a century. Managing this crisis requires an intentional contraction of the economy of unprecedented proportions. This deliberate and unavoidable drawdown in market activity will put businesses at risk of destruction, with hundreds of...

Are new mayors more responsive to disasters than their reelected counterparts? The identification strategy is based on slim vote margin in which new and reelected mayors are found to be as if randomly assigned. We find that with greater storm exposure: new mayors spend more on health sector than...

This study examines the impact of the COVID-19 pandemic on the Philippine labor market, focusing on employment and real wages and their respective outcomes across sectors and various worker characteristics. To analyze the pandemic's impacts on employment outcomes at various stages of the crisis,...

The payment for ecosystem services (PES) emerges as part of an arsenal of tools for innovative domestic financing for otherwise absent markets relating to natural resource management. Its traditional framework aspects of conditionality, voluntary transaction, at least one buyer and seller, and...