Most Latin American countries have ABC (acronyms from the Spanish words of voucher, mortgage and savings) designed social housing program. Little is known of the impacts of these programs. In this paper we estimate the welfare affects of twelve of these programs. We estimate whether the programs...

In this paper we estimate the size of shelter induced poverty by housing tenure in Latin America and determine whether public housing programs of the ABC type (programs that require savings, provide vouchers and with the residual financed through a public or privately provided mortgage for a...

The paper discusses which redistributional policies are efficient when the identity of the high and low skill persons is private information. Our major purpose is to identify the more efficient policy when, presumably for administrative reasons, the policy option is confined to the choice...

A large share of public funds is spent on private goods (education, health care, day care, etc.). This paper integrates two different approaches to the analysis of public provision of private goods. While normative public economics has established an efficiency case for such provision, the...

The incidence and efficiency losses of taxes have usually been analysed in isolation from public expenditures. This negligence of the expenditure side may imply a serious misperception of the effects of marginal tax rates. The reason is that part of the marginal tax may in fact be payment for...