LATEST PUBLICATIONS
NEDA 7 COVID-19 RRP 2020-2022
Central Visayas COVID-19 Regional Recovery Program 2020-2022
NEDA 7 RDP 2017-2022 Midterm
Central Visayas Regional Development Plan 2017-2022 Midterm Update
NEDA 7 RDRA 2017-2022
Central Visayas Regional Development Research Agenda 2017-2022
NEDA 7 RDR 2019
Central Visayas Regional Development Report 2019

LATEST AV MATERIALS
PIDS WB 2021-1201
Analyzing the President's Budget for 2022
GIZ-FFS-2020-01
WASHaLOT 3.0: Production Process
GIZ-FFS-2021-03
WASHaLOT 3.0 Mass Production
GIZ-FFS-2021-02
Minimum Requirement Guidelines on WASH in Schools
Publication Detail
BSP WPS 2020-12: Policy Analysis Model for the Philippines

This paper aims to present the BSP’s Policy Analysis Model for the Philippines (PAMPh) along with its key features and properties. PAMPh is a New Keynesian semi-structural gap model for analyzing monetary transmission mechanism of key macroeconomic variables and generating their medium-term forecast path. The model captures the key transmission mechanisms of the Philippine economy and features endogenous monetary policy. Agents in the model are forward-looking and react to the expectations of future policy decisions. The model is suitable for monetary policy analysis, forecasting, and serves as guide in the BSP’s policy-making process. The paper likewise includes an analysis of the transmission mechanism using impulse responses.

Bangko Sentral ng Pilipinas
Authors Keywords
Alarcon, Sarah Jane; Alhambra, Paul Reimon; Amodia, Rosemarie; Bautista, Dennis ; Philippines; monetary policy; inflation; quarterly projection model; semi-structural; forecasting; FPAS; transmission mechanism;
Download PDF Number of Downloads
Published in 2020 and available for Downloaded 7 times since July 08, 2021
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. You will answer the profile questions only once as long as you enter the same email address. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display; please use the same email address when downloading another publication so that the profile questions will not appear)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.