History, Vision, and Mission
The Ateneo Center for Economic Research and Development (ACERD) aims on providing innovative and feasible policy recommendations that promote industry competition, regional competitiveness, and inclusive economic growth.
Composed of the country’s leading economists and backed by years of successful research experience, ACERD conducts timely and relevant economic briefings, industry studies, and policy analyses that establish, develop and promote the exchange of knowledge amongst academics, government officials, business professionals, and the general public.
The Macroeconomic Research Unit (MRU) was established by the ACERD in 2000 as an economic research and forecasting unit of the Department of Economics. The MRU has completed and operationalized the Ateneo Macroeconomic Forecasting Model (AMFM) which yields forecasts of key economic indicators like GDP, inflation, and unemployment.
The AMFM was described in a PIDS survey paper as the only operational full macroeconometric model of the Philippine economy outside the government.
On July 6, 2002, the model was launched in a convocation commemorating 50 years of Economics at Ateneo, graced by Her Excellency President Gloria Macapagal-Arroyo.
ACERD-MRU’s forecasts are published in the Asia Pacific Consensus, a regularly produced digest with detailed coverage of Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, and Thailand, with ACERD-MRU as the only Philippines-based academic think tank in the list of forecasters composed mostly of prominent banks and financial institutions.
For more information on ACERD’s research endeavors and compentencies, contact us through our media channels.