Realizing the effects of monetary and fiscal policies on the Philippine stock market: A quarterly analysis from 1987-2013

• Main Authors: Dinsay, Kevin Dominic Gabrillo, Lim, Marco Miguel Kosca, Orteza, Alvin Torion
• Format: text
• Language: English
• Published: Animo Repository 2014
• Subjects: Fiscal policy > Philippines; Monetary policy > Philippines; Stock exchanges > Philippines
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/7703
• Institution: De La Salle University

Regulation plays a vital role on the day-to-day activities of an economy. Hence, it is important that administrative bodies introduce programs that would contribute to the economy's progress and mitigate its downturns. The horizon of the study was from 1987 Q1 to 2013 Q4. Data for this study were procured from the Bangko Sentral ng Pilipinas (BSP) Philippine Stock Exchange (PSE), and the National Statistics Coordinating Board (NCSB). The researchers utilized a methodology known as the structural vector autoagressions (SVARs) introduced by Sims (1980). It was discovered that the Philippine stock market have varying responses to the fiscal and monetary policies imposed by the government and the Bangko Sentral ng Pilipinas.