🎉 NEW BOOK CHAPTER 🎉 📘 Title: Counterfactuals in economics and allied social sciences: Methods, applications, and debates 👨🏼🏫 Authors: JC Punongbayan (UPSE) & Alfredo Paloyo (University of Wollongong)
JC Punongbayan
@jcpunongbayan.bsky.social
Filipino economist. 🇵🇭 Asst Prof, University of the Philippines School of Economics. 👨🎓 Fmr Visiting Fellow, ISEAS-Yusof Ishak Institute. 🇸🇬 Columnist, Rappler.com. ✍️ Author, False Nostalgia. 📕 Educ, macro, econ history. 📈 jcpunongbayan.com 🌐
🎉 NEW JOURNAL PUBLICATION 🎉 Happy to share my latest journal article in Review of Development Economics (SSCI, Scopus), co-authored with UPSE Prof. Emeritus Emmanuel S. de Dios!
[RESEARCH HIGHLIGHT] 📘 Title: Martial law and the Philippine economy 👨🏼🏫 Authors: Emmanuel S. de Dios, Maria Socorro Gochoco-Bautista, & JC Punongbayan (UP School of Economics)
[RESEARCH HIGHLIGHT] 📘 Title: Much a Duterte about nothing: Continuity, complacency, and crisis in the Philippine economy (2016–23) 👨🏼🏫 Author: JC Punongbayan (UP School of Economics)
[RESEARCH HIGHLIGHT] 📘 Title: The role of power prices in structural transformation: Evidence from the Philippines 👨🏼🏫 Authors: Majah Ravago, Arlan Brucal, James Roumasset & JC Punongbayan
[RESEARCH HIGHLIGHT] I had the honor of interviewing one of the country’s foremost economists: UPSE Prof. Emeritus Emmanuel S. de Dios. 🧵We talked about his intellectual journey (including his Marxist roots), the role of UPSE in society, and his advice for young economists.👇
My latest Rappler column, an expanded annotation of Trump's 20% tariff letter to President Marcos Jr. Trump's economic illiteracy is bringing down the global economic and trading order. www.rappler.com/voices/thoug...
[In This Economy] Trump’s tariff letter to Marcos, annotated
Apart from being badly written, the letter reeks of Trump’s economic illiteracy, which is now on the cusp of bringing down the global trading and economic order
rappler.com
[RESEARCH HIGHLIGHT] 📘 Title: The Philippine Journal of Development in the Early 21st Century (2002–2023) 👨🏼🏫 Author: JC Punongbayan (UP School of Economics) 📍 Journal: Philippine Journal of Development, Vol. 48, No. 2
📕 NEW STUDY ON MICROFINANCE! 📕 We're proud to share our latest research based on a national survey of 1,900 Filipino households. 🧵👇
STAGGERING: This new study of 133 countries is the first to estimate the impact of all USAID’s work. In 2 decades, it has saved *92M* lives. Current cuts, if not reversed, are forecast to cost up to *14M* lives thru 2030. www.thelancet.com/journals/lan...
📕 NEW UPSE WORKING PAPER! 📕 Excited to share this new study I co-wrote with my good friend Jeff Arapoc (@jaarapoc.bsky.social) of UPLB! 📘 Title: Is there a grade penalty for high school track and college degree mismatches? Evidence from the University of the Philippines 🧵Thread below:
[RESEARCH HIGHLIGHT] 📘 Supply and demand components of Philippine inflation, 2001–2024 👨🏼🏫 JC Punongbayan (UP School of Economics) 📍 Applied Economics Letters 📅 Published: 31 Mar 2025 🔗 doi.org/10.1080/1350...
[RESEARCH HIGHLIGHT] Starting today, I’ll be more intentional about sharing my academic publications. It’s not enough for research to stay within journals. We need to make our work more accessible and relevant to a broader audience. Here’s the first. ⬇️
🎉 NEW JOURNAL PUBLICATION 🎉 My latest journal article (titled "Supply and demand components of Philippine inflation, 2001-2024") just got published in Applied Economics Letters (SSCI and Scopus indexed)! doi.org/10.1080/1350...
To borrow @jcpunongbayan.bsky.social's powerful concept, beware of false nostalgia about how Duterte's war on drugs supposedly made the public feel safe. As I argue in today's column, NOT TRUE. https://www.rappler.com/voices/thought-leaders/newsstand-misremembering-rodrigo-duterte-drug-war/
[Newsstand] Misremembering Duterte’s war on drugs
No, extrajudicial killings did not in fact make the public feel safe then
rappler.com
My latest journal article, on the supply and demand components of Philippine inflation, has just accepted in Applied Economics Letters (SSCI, Scopus)! ❤️ This is also my first solo macroeconomics paper.
Today my class started with applause. We applauded the arrest of Rodrigo Roa Duterte.
Literally rewriting macroeconomics to cover up their bufoonery.
Trump Administration may be on track to put its thumb on critical GDP data: “Doing so could potentially complicate or distort a fundamental measure of the U.S. economy’s health.” Via AP.
Social democrats & conservatives have both hemorrhaged support across Europe The far right has surged
Paid our respects to @enricovillanueva.bsky.social, our banker & economist friend who suddenly passed away on Feb 25 at the young age of 53. Tomorrow he will be laid to rest at a columbarium inside UPLB. We will miss you and your thoughtful takes on the economy, Rico!
My latest Rappler article, a quick comment on Brgy Addition Hill's bounty for mosquitoes. A classic example of the "cobra effect" and the "law of unintended consequences." www.rappler.com/voices/thoug...
[In This Economy] The economics of Mandaluyong’s mosquitoes-for-cash program
Filipino government officials need to be more wary about the unintended consequences of their policies. As they say, the path to hell is paved with good intentions.
rappler.com
25% tariffs on Canada & Mexico would cause lower GDP & higher inflation than otherwise in all three countries—including the US. Bookmark our guide to the #USMCA & US trade relations with Canada & Mexico: www.piie.com/microsites/2...
Next week, on Feb 5 at 2 PM, I will be giving this 2025 economic briefing exclusive to Rappler+ subscribers.
There's real value in convening various stakeholders first to get a clear picture of where we are today (and how we got here), which elements are linked, and so on; as a way towards developing a plan to sustainably improve mobility. 🫡 @jcpunongbayan.bsky.social | www.scmp.com/week-asia/op...
Asian Angle | Manila must put brakes on car-centric policies, seek viable transport solutions
Manila is the world’s most congested city, and car-centric government policies, combined with insufficient investment in public transport, are making things worse.
scmp.com
US policy economists are having an existential crisis. "What was the point of their careful data-gathering, their complex models, their intricate theories if no one was going to listen to their advice anyway?" www.nytimes.com/2025/01/10/b...
Economists Are in the Wilderness. Can They Find a Way Back to Influence? (Gift Article)
Economists have long helped to shape policy on issues like taxes and health care. But flawed forecasts and arcane language have cost them credibility.
nytimes.com