Philippines

Despite numerous journalistic accounts, systematic quantitative evidence on economic conditions during the ongoing COVID-19 pandemic remains scarce for most low- and middle-income countries, partly due to limitations of official economic statistics in environments wit

A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium.

This randomized controlled trial in partnership with a development bank in the Philippines employs credit scoring for small and medium enterprise (SME) lending and measures the impact of credit on SME growth - both directly for firms receiving loans and indirectly for their competitors.