BSP Working Paper Series
The BSP Working Paper Series constitutes studies relevant to central banks, which are conducted by BSP researchers and occasionally, in collaboration with external contributors. The working papers are reviewed by the Editorial Committee, led by the Deputy Governor of the Monetary and Economics Sector.
Completed working papers are published annually for the purpose of soliciting comments and discussion for further refinements. The views and opinions expressed are those of the author(s) and do not necessarily reflect those of the Bangko Sentral ng Pilipinas. Authors keep the copyright and hence, improved versions of working papers may be submitted to peer-reviewed journals at any time.