BSP International Research Fair on "Central Banking in the Time of Pandemic", 13-14 July 2021



Disclaimer: No reproduction of the materials herewith are to be made without the consent and permission of the authors and speakers. Please kindly contact them personally for permission to quote, and make sure that any mention of the results and discussions in their study or presentation is credited to the author and his/her research paper by making use of the publication web links, if available in the case of published research, or the link to the BSP International Research Fair 2021 folder and/or the author’s own webpage, in the case of research still in the pipeline for publication, where applicable.



Day 1, Tuesday, 13 July 2021

Virtual Conference Hosts: Laura Fermo and Jose Eduardo Sto. Domingo, BSP Research Academy (BRAc)

09:00 - 09:10

Welcome Remarks

Maria Cyd N. Tuaño-Amador
Deputy Governor and Head,
BSP Research Academy (BRAc)


09:10 - 09:30​

Keynote Speech

Hon. Benjamin E. Diokno
Governor and Chairman of the Monetary Board
Bangko Sentral ng Pilipinas


09:30 - 09:50

Keynote Speech

​Naoyuki Yoshino 

Professor Emeritus, Keio University
Director, Japan Financial Services Agency's Financial Research Center
Former Dean, ADB Institute


09:50 - 10:00

Q&A Discussions
​​Moderator: Laura Fermo, BRAc

10:00 - 11:00

'Stay at Home! Macroeconomic Effects of Pandemic-Induced Job Separation Shocks'

Michael Batu
Department of Economics, University of the Fraser Valley
Marcelo Arbex
Department of Economics University of Windsor
Sidney Caetano
Ministry of the Economy, Fed. Rep. of Brazil

Discussant 1: Monetary Board Member Felipe M. Medalla, BSP
Discussant 2: Laura Ignacio, BSP-MFPSG
Moderator: Joselito Basilio, BRAc​

  |  Paper  |  PPT  |  Comments 
11:00 - 12:00

'Fighting COVID-19: Patterns in International Data'

Suleyman Ozmucur and Robert S. Mariano
University of Pennsylvania

​Discussant 1: Yongzheng Yang, IMF Resident Mission
Discussant 2: Redentor Paolo Alegre, Jr., BSP-DES
​Moderator: Joselito Basilio, BRAc​

  |  Paper  |  PPT  |  Comments
12:00 - 13:00
Lunch Break
13:00 - 14:00

Concentration in Asia's Cross-border Banking: Determinants and Impacts'

Ana Kristel Lapid, Rogelio Mercado Jr., and Peter Rosenkranz
Asian Development Bank (ADB), Manila

Discussant 1: Ole Rummel, The SEACEN Centre
Discussant 2: Eufrocinio Bernabe, BSP-OSRM
Moderator: Veronica Bayangos, BRAc

Video  |  Paper  |  PPT  |  Comments 1  |  Comments 2
14:00 - 15:00'Machine Learning and Central Banks: Ready for Primetime?'
Ozer Karagedikli 
The SEACEN Centre
Hans Genberg
Asia School of Business

Discussant 1: Mark Anthony Perez, BSP-DSA
Discussant 2: Christopher Monterola, Asian Institute of Management
​Moderator: Veronica Bayangos, BRAc

Video  |  Paper  |  PPT  | Comments 1 | Comments 2
15:00 - 16:00

'The S-I-R (susceptible-infected-recovered) Model of the Pandemic and the Philippine's Quarantined Economy '

Joselito Basilio 
BSP Research Academy (BRAc)

​Discussant 1: Dennis Lapid, BSP-DER
Discussant 2: : Cynthia Sison, BSP-SPRD
Moderator: Veronica Bayangos, BRAc

Video |  Paper  |  PPT  |  Comments 1  |  Comments 2

Format of paper sessions:

            Presentation               30 minutes
            Discussants                10 minutes each
            Q&A                            10 minutes

Day 2, Wednesday, 14 July 2021 (Platform: Zoom)

Joint BSP-The SEACEN Centre Research Café

Moderators: Ole Rummel and Ozer KaragedikliThe SEACEN Centre

0​9:00 - 10:00
Institutional Poster Presentations

​Research 1: ''Pacifying the Pandemic Panic: An Application of Structural Break Analysis in Philippine Government Bond Yield Time Series Data' 

Gervin A. Domingo, BSP- Market Research and Surveillance Department​

Mark C. Hong, Bureau of the Treasury

Video  |  Paper  |  Poster  |  PPT   

Research 2: The Cost of Fare-Free Public Transit in the COVID Economy: Looking into the Case of the EDSA Carousel Bus System in the Philippines 

Ivan Harris Tanyag, University of the Philippines, Diliman and National Defense College

Video  |  Paper  | Poster  |  PPT   

Research 3: 'Analysis on the Macroeconomic Effects of Public Investment in Pandemic Recovery' 

Aris Zoleta, DLSU Graduate School of Economics

Video  |  Paper  Poster  |  PPT 

Research 4:Analysis on the Payment Fintech Business Model Of PESONet In The Philippines Using Business Model Canvas Approach' 

Katherine Moron, DLSU C​ollege of Business

Video  |  Paper  |  Poster  |  PPT    

10:00 - 10:40
Q&A and Feedback
​10:40 - 11:00

​Young Researchers’ Forum


Research 5: ‘Analyzing the Impacts of Digital Payment System on Financial Inclusion in the Philippines’ 

Evardome, K.I.G., Cabrera, G.A.L. & Villanueva, C.A.N.. Philippine Science High School-Central Luzon Campus

Video  |  Paper  |  Poster  |  PPT   

11:00 - 11:30​​
Q&A and Feedback
Format of poster presentations:     
Presentation               15 minutes each paper
Q&A                            10 minutes each paper


Created:6/17/2020 3:00 PM   by:  Pambid Frederick D.
Modified:6/20/2022 2:05 PM   by:  Pambid Frederick D.