Assistant Professor and Director for Finance

Research Interests:

Macroeconomics, Philippine Economic History, Education Economics, Market Design

Courses taught:

• Econ 101 (Macroeconomics I)
• Econ 102 (Microeconomics I)
• Econ 103 (Macroeconomics II)

Education

• Ph.D. Economics, University of the Philippines School of Economics, 2015 to 2021
  • Dissertation: Essays in market design and college admissions” (Adviser: Dr. Karl Robert L. Jandoc)
• M.A. Economics, University of the Philippines School of Economics, 2011 to 2013
• B.S. Economics, University of the Philippines School of Economics, 2005 to 2009, Summa cum laude

Academic, Research, and Other Positions

• Assistant Professor UP School of Economics, 1 February 2022 to present
• Director for Graduate Admissions and Fellowships, UP School of Economics, 1 February 2022 to present
• Research Assistant, UPSE Strategic Review Project (with Economists Without Borders), Philippine Center for Economic Development, From 16 Sept 2021 to 28 Feb 2022
• Researcher, Philippine Country Development, British Embassy Manila, 1 January 2022 to 31 March 2022
• Senior Lecturer, UP School of Economics, 1st Sem, AY 2021-2022, 2nd Sem, AY 2014-2015
• Co-founder and Editor-in-Chief, Usapang Econ, September 2018 to present
• Columnist, Rappler.com, 1 August 2018 to present
• Research Coordinator, FEU Public Policy Center, 1 May 2018 to 30 April 2019
• Teaching Fellow, UP School of Economics, AY 2020-2021, AY 2019-2020 (2^nd Sem), AY 2017-2018, AY 2016-2017, AY 2014-2015 (2^nd Sem), AY 2013-2014 (2^nd Sem)
• Consultant, Writing and publication of policy note on higher education in the Philippines, FEU Public Policy Center, 16 January 2018 to 30 April 2018
• Consultant, Office of the Chairman (Dr. Arsenio M. Balisacan) Philippine Competition Commission, 22 August 2016 to 30 April 2017
• Consultant, Research on human capital investments, K to 12, and performance-based budgeting, The Asia Foundation (TAF), Coalitions for Change – Education 10 February 2016 to 31 March 2016
• Consultant, Research on the role of electricity prices on structural transformation, Energy Policy and Development Program (EPDP), UPecon Foundation, 1 August 2015 to 31 March 2016
• Head Executive Assistant, Office of the Director-General, National Economic and Development Authority (NEDA), 2 June 2014 to 31 July 2015
• Research Assistant, Poverty Reduction and Economic Management Unity (PREM), World Bank Office Manila, 12 July 2013 to 30 June 2014
• Economist, Regulation and Policy Division, Market Regulation Department Securities and Exchange Commission (SEC), 19 April 2012 to 15 July 2013
• Consultant, Multidimensional Poverty Index (MPI) research of Sec. Arsenio M. Balisacan, National Economic and Development Authority (NEDA), 10 March 2013 to 10 May 2013
• Junior Research Assistant, Institute to Study Inequality, Poverty, and Social Protection, Philippine Center for Economic Development (PCED), 13 January 2011 to 15 July 2011
• Business Analyst, Mitchell Madison Group, October to November 2010

Awards and Fellowships

• Scholar, Health Policy and Development Program (HPDP) Phase II Fellowship
• Scholar and teaching fellow, Philippine Center for Economic Development
• Awardee, José Encarnación Jr. Award for Excellence in Economics, 2009
• Awardee, Gerardo P. Sicat Award for Best Undergraduate Paper, 2009
• Awardee, PGMA Award for Academic Excellence
• Awardee, East Asia and Pacific, PREM Spot Awards, FY 2014
• Awardee: Special Citation, Outstanding Scholarly Work Awards for the School of Social Sciences, Ateneo de Manila University, 2020.

Publications

Journal Articles

• Punongbayan, J.C. (2021) “Does ‘Imperial Manila’ justify federalism?” Manila: Selected Papers of the 28th Annual Manila Studies Conference, 17(1): 75-87.
• Ravago, M.V., A. Brucal, J. Roumasset, and J.C. Punongbayan (2019) “The role of power prices in structural transformation: evidence from the Philippines.”  Journal of Asian Economics, 61: 20-33. https://doi.org/10.1016/j.asieco.2019.02.001.
• Punongbayan, J.C. (2009) “School inputs and student performance in public elementary schools in Palawan: a quantile regression analysis.” Philippine Review of Economics, 46(1): 189-218.

Book and Book Chapters

• Punongbayan, J.C. (2023) False Nostalgia: The Marcos ‘golden age’ myths and how to debunk them. Quezon City: Ateneo de Manila University Press.
• Punongbayan, J.C., E.F. Esguerra, G.M. Llanto, and (2021) “Competition and regulation in the Philippine microfinance sector,” in H. Hill, M.V. Ravago, J.A. Roumasset (eds.) Pro-poor development policies: lessons from the Philippines and East Asia. Singapore: ISEAS Publishing.
• Punongbayan, J.C., J.G. Williamson, and K.R.L. Jandoc (2021) “Spatial inequality in the Philippines during the American colonial period,” in H. Hill, M.V. Ravago, J.A. Roumasset (eds.) Pro-poor development policies: lessons from the Philippines and East Asia. Singapore: ISEAS Publishing.

Discussion papers

• De Dios, E., M. S. Gochoco-Bautista, and J.C. Punongbayan (2021) “Martial law and the Philippine economy,” UPSE Discussion Paper No. 2021-07, University of the Philippines School of Economics, Quezon City, Philippines (also a forthcoming chapter in martial law anthology of UP Department of History).  https://econ.upd.edu.ph/dp/index.php/dp/article/view/1543/1027
• Tan, E., K. Canales, K. Cruz, and J.C. Punongbayan (2011) “Why are boys falling behind girls in schooling?” UPSE Discussion Paper No. 2011-12, University of the Philippines School of Economics, Quezon City, Philippines.  https://econ.upd.edu.ph/dp/index.php/dp/article/view/680/145
• Punongbayan, J.C. et al. (2014) “Foreign direct investment and foreign ownership restrictions in ASEAN,” in “Preserving stability and promoting growth,” World Bank East Asia Pacific Economic Update. https://www.worldbank.org/content/dam/Worldbank/document/EAP/region/eap-update-april-2014-full-report.pdf

Working Papers and Unpublished Manuscripts

• De Los Reyes, F. and J.C. Punongbayan (2020) “Proposed set of weights in computing the overall LAE score.” Technical report for the UP College of Law.
• Punongbayan, J.C. (2016) “Making K to 12’s Senior High School work,” The Asia Foundation Policy Note No. 1. The Asia Foundation Philippines.
• Punongbayan, J.C. (2013) “Returns to education and wage structure in the Philippines: a quantile regression perspective,” unpublished working paper.
• Rahemtulla, H., M.C. Epetia, and J.C. Punongbayan (2013) “Small area estimation of poverty in the Philippines,” unpublished Special Focus Paper. World Bank.

Other Publications

• Opinion Writing (2013-present): Please see www.rappler.com/author/jc-punongbayan.
• Podcasts: Co-host of Usapang Econ Podcast (the first economics podcast of the Philippines; available on Spotify, Apple Podcasts, Google Podcasts, Anchor, and Stitcher); co-host of Usapang Econ Muna Podcast (part of Teka Teka news podcast, produced by PumaPodcast)

Other Academic Duties

• Referee in Philippine Journal of Development (Philippine Institute for Development Studies)
• Associate Editor in Asian Studies: Journal of Critical Perspectives on Asia (UP Diliman Asian Center)
• Referee in Social Science Diliman: A Philippine Journal of Society and Change (UP Diliman)

 

 

Full CV: JC Punongbayan