Up to 35 percent of urban dwellers in third world cities are squatters. The characteristics of the squatting phenomenon are both varied and puzzling. Of particular interest are the observations that (1) landowners often do not collect rent from squatters for use of the land and (2) costly...

Cost-benefit analysis in education is an important tool in the economists' arsenal. However, it is essential that research, especially on the social benefits of education, make further progress to make cost-benefit more analysis. There is a need for more research on the effects of policy...

The challenge of sustaining economic growth over the long term is one that only a few countries have been able to surmount. Slowing momentum in countries like Malaysia and Thailand has led analysts and policy makers to consider what it would take to lift them out of middle-income status, where...

This paper develops and estimates an econometric model of the household demand for housing characteristics. The model is estimated using data from five cities and three developing countries. Overall, the procedures employed work well in a wide variety of circumstances. More specifically, it is...

This article investigates how community management of schools can affect educational outcomes as measured by retention rates. In our model, parents make decisions about whether or not their children should remain in school, and they monitor the performance of the teachers. We analyze a unique...