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Item Restricted How minimum capital requirements affect bank behavior and its implications on the Philippine banking industry(2003-03) Gutierrez, Johann Henry C.; Tamayo, Richard Antonio M.The 1997 Asian financial crisis exposed Philippine banks to numerous and drastic loan defaults and losses. In line with this, the Banko Sentral ng Pilipinas issued the BSP Circular No. 280, requiring banks to follow a set of minimum capital asset ratios in addition to the previous requirements for capital adequacy. The said circular aims to strengthen the banking industry by enforcing more stringent loan screening procedures. On the other hand, critics say that such a circular will instead greatly worsen the state of an economy since it would curtail loan supply, blocking investments, hindering future economic growth. The researchers employed the two-stage least squares regression approach in studying the effects of the new requirement on the absolute level of loans and deposits across the banking industry through time. The researchers found out that the additional capital asset ratio did not limit the supply of loans and deposits in the Philippine banking industry.Item Restricted Capital investment or personal consumption: analysis of Filipino household expenditures on telephone use(2010-04) Claveria, Ian Matthew P.; Leonardo, Leo Zandro S.Phones, as an information and communication technology tool, make up an essential component that aids economic development. Despite perceived importance, limited studies are available that explore phone use of individuals at the micro-level. Thus, the study aims to contribute to existing literatures by attempting to determine if phone expenditures of Filipino households are intended more for business use than for personal use. Using the 2006 Family Income and Expenditure Survey, a two-stage Heckman model was employed in estimating the determinants of phone expenditures in the household level. However, analysis shows that the model offers insufficient information needed due to limitations in the study. Hence, an alternative test was used. Although the attempt failed to determine clearly the motivation behind phone expenditure of households, it is evident that a significant portion of phone expenditures are spent for business purposes, and that some occupational groups require more phones.Item Restricted The effect of government spending on the growth of capital investment in the Philippines(2001-03) Golez, Mayume C.; Lazaro, Warren M.