Tax amnesties are frequently offered by governments to induce citizens to voluntarily declare black assets accumulated from past tax evasion, especially in developing countries with a large ,underground' economy. The resulting switch in a citizen asset portfolios in favor of white assets could...

The effect of randomized reservations of Pradhan (chief executive) positions in West Bengal local governments (panchayats) for women and members of Scheduled Caste/Scheduled Tribes (SC/ST) following the 73rd and 74th Constitutional Amendments of 1993 are examined. Sample consists of 89 villages...

Should the law restrict liability of defaulting borrowers? We abstract from possible benefits arising from limited rationality or risk-aversion of borrowers, contractual incompleteness, or lender moral hazard. We focus instead on general equilibrium implications of liability rules with moral...

Most analyses of the impact of community management of common property resources are based on cross-sectional comparisons in case studies or small samples, perception-based measurement of resource conditions, and absence of controls for unobserved community characteristics and non-random...