How Changes in the Characteristics of Borrowers and in the Institutions They Attended Contributed to Rising Loan Defaults,” Brookings Papers on Economic Activity, Fall, pp. 1-68, https://www.brookings.edu/wpcontent/uploads/2015/09/LooneyTextFall15BPEA.pdf. Marrero, Gustavo A., and Juan G. Rodríguez (2013). “Inequality of Opportunity and Growth,” Journal of Development Economics, vol. 104 (September), pp. 107-22. Mayer, Christopher, Karen Pence, and Shane M. Sherlund (2009).
We are hopeful that the bill will be approved by the Bicameral Committee and signed into law by the President as soon as possible. The BSP will also continue to support additional legislative initiatives to hasten the development of the Philippine capital market, including the amendments to the BSP charter, Corporate Recovery Act, Revised Company Investment Act, and the Personal Equity Retirement Act.