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Cities generate negative, as well as positive, externalities; addressing those externalities requires both infrastructure and institutions. Providing clean water and removing refuse requires water and sewer pipes, but the urban poor are often unwilling to pay for the costs of that piping....
Persistent link: https://www.econbiz.de/10013000522
Providing clean water requires maintenance, as well as the initial connections that are typically measured. Frequently, the water supply fails in the developing world, especially when users don't pay the marginal cost of water. This paper uses the timing of frequent, unexpected water service...
Persistent link: https://www.econbiz.de/10012947661
, market structure and government regulation. We show that rights are more clearly defined and trading more common in Australia …
Persistent link: https://www.econbiz.de/10013065560
development of local public finance. Specifically, we highlight the importance of municipal bond market growth as a facilitator of …
Persistent link: https://www.econbiz.de/10013231220
We estimate the impacts of two interventions implemented as field experiments in informal settlements by Nairobi’s water and sanitation utility to improve revenue collection efficiency and last mile connection loan repayment: (i) face-to-face engagement between utility staff and customers to...
Persistent link: https://www.econbiz.de/10013291001
Poor water quality and sanitation are leading causes of mortality and disease in developing countries. However, interventions providing toilets in rural areas have not substantially improved health, likely because of incomplete coverage and low usage. This paper estimates the impact of an...
Persistent link: https://www.econbiz.de/10013016018
In a dynamic environment where underlying competition is "for the market," this paper examines what happens when … entrants and incumbents can instead negotiate for the market. For instance, this might arise when an entrant innovator can …
Persistent link: https://www.econbiz.de/10013046155
utility context. Individuals start by choosing their investments in education anticipating returns in the marriage market and … the labor market. They then match based on the economic value of marriage and on preferences. Equilibrium in the marriage … market determines intrahousehold allocation of resources. Following marriage households (married or single) save, supply …
Persistent link: https://www.econbiz.de/10013024492
behavior in the car market. We show that a social planner can use leasing contracts to improve welfare but they are imperfect … tools; they cannot generally achieve first best while other mechanisms can. We also show that a producer with market power … can benefit from leasing contracts for two reasons: better pricing of the option of keeping the used good, and market …
Persistent link: https://www.econbiz.de/10012774893
Safe assets are demanded to smooth consumption across states (both intertemporally and in cross-section). Some of these assets are supplied publicly (government bonds) and some are created and supplied privately (such as mortgagebacked securities and asset-backed securities). Private assets are...
Persistent link: https://www.econbiz.de/10013087882