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When investigating the effects of federal grants on the behavior of lower-level governments, it is hard to defend the handling of grants as an exogenous factor affecting local governments; federal governments often set grants based on characteristics and performance of local governments. In this...
Persistent link: https://www.econbiz.de/10010321636
In this paper we discuss the potential for commercial microfinance in China. Particular emphasis is put on securitization of microloans and on structured microfinance in a China context. Three particular factors that we believe could support a strong growth in Chinese structured microfinance are...
Persistent link: https://www.econbiz.de/10013208521
estate professionals using aggressive and discriminatory practices. In a panel of census tracts across large cities in the …
Persistent link: https://www.econbiz.de/10014301990
applies proposed bond model to two Indian cities- Surat and New Delhi (NDMC) and illustrates how municipal bonds can … significantly reduce the costs for rooftop solar and make it competitive and benefit different type of consumers in these cities. …
Persistent link: https://www.econbiz.de/10011807892
While the literature on how intergovernmental grants affect the budget of receiving jurisdictions is numerous, the very few studies that explicitly deal with likely endogeneity problems focus on grants targeted towards specific sectors or to specific type of recipients. The results from these...
Persistent link: https://www.econbiz.de/10010321444
Phoenix and neighboring municipalities, like many in the South and West, pursued a growth strategy based on annexation in the decades after World War II. This paper explores the link between annexation and competition for tax revenues. After discussing arguments for annexation, it traces the...
Persistent link: https://www.econbiz.de/10010287804
This paper builds a dynamic general equilibrium model of cities and uses it to analyze the role of local housing … compile using more than 350 U.S. cities for the years 1984 to 2008. Based on this measurement, we find that our model is …
Persistent link: https://www.econbiz.de/10010292111
cities were closed in the sense of explicitly limiting growth of city population from migration, it was difficult to assess … the effectiveness of these controls. We analyze a sample of 308 Soviet cities to isolate the impact of closure regulations … and declining thereafter, there are also pervasive differences between controlled and uncontrolled cities, the later …
Persistent link: https://www.econbiz.de/10010334273
cities located in 71 Russian provinces (oblast level). We examine the role of both general socio-economic characteristics and … growth, controlling for the usual types of forces used to explain the attractiveness of different cities. We find that even … Russian cities in the immediate pre-transition era. …
Persistent link: https://www.econbiz.de/10010334322
examine net migration rates for a sample of 171 medium and large cities for the period 1960 through 2002. We conclude that … unrestricted cities. This pattern seemingly came to an end in the late 1990s. …
Persistent link: https://www.econbiz.de/10010263228