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The Structure and Growth of the Philippine Financial Market and the Behavior of its Major Component


  • Tan, Edita A.


This study is an attempt to explain the pattern of development of the Philippine financial market. First, it provides a brief historical analysis of the financial system. It then develops an aggregative intermediation model and applies it to the Philippine stock market. It also discusses money market, finance choice. Finally, flow of funds data are utilized to provide some empirical insights into finance decisions.

Suggested Citation

  • Tan, Edita A., 1981. "The Structure and Growth of the Philippine Financial Market and the Behavior of its Major Component," Working Papers WP 1981-06, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:wpaper:wp_1981-06

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    Cited by:

    1. Ho, Sin-Yu & Odhiambo, Nicholas M., 2016. "Stock Market Development in the Philippines: Past and Present," Philippine Journal of Development PJD 2014-2015 Vol. 41-42 , Philippine Institute for Development Studies.
    2. Lamberte, Mario B. & Bautista, Romeo M., 1990. "Comparative Saving Behavior of Rural and Urban Households in the Philippines," Working Papers WP 1990-15, Philippine Institute for Development Studies.


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