Focuses on factors that are likely to influence outward migration flow from China and the Southeast Asian region, particularly the Philippines and Indonesia, in the next two decades. It finds that while current migration streams are likely to continue in the short run, important developments in...

Examines whether the outflow of Overseas Filipino Workers (OFWs) has resulted in poverty reduction, particular for the migrants' families.

Examines the oftencited concern that Overseas Filipino Workers (OFWs) and their remittances cause moral hazard problems in the labour supply of their households.

This paper describes a small quarterly macroeconometric model of the Philippine economy. The model consists of sectors of private consumption, investment, government, trade, production, prices, money, and labor. The equilibrium-correction form is used for all the behavioral equations. The...

This paper assesses empirically the sustainability and feasibility of the government debt in the Philippines using the No Ponzi Game criterion. Both historical data and forecasts generated by a quarterly macroeconometric model of the Philippines are used in the assessment. Stochastic simulations...

This paper highlights the increasing underreporting of remittances by the FIES compared to BSP and World Bank figures, advances possible reasons why such underreporting is occurring, and examines its implications for welfare measurement in the country at points in time and across time. Using...