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The object of the model is to determine the number of squatters in a city. In the model, households with incomes below a certain threshold level of income choose to squat and households with incomes above that threshold choose not to squat. This threshold depends on the amount of land available...

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In the Philippines, financial reforms began in earnest in July 1981 with the deregulation of bank interest rates. But within two years; a crisis in the balance-of-payments intervened. This paper addresses two major issues. First, to what extent did the financial reforms contribute to the...