Recent theories of crisis put lending booms at the root of financial collapses. Yet lending booms may be a natural consequence of economic development and fluctuations. So are lending booms dangerous? In this paper, we investigate empirically this question using a broad sample of lending boom...

Recent theories of crisis put lending booms at the root of financial collapses. Yet lending booms may be a natural consequence of economic development and fluctuations. So are lending booms dangerous? In this paper, we investigate empirically this question using a broad sample of lending boom...

Recent theories on the origins of crises put lending booms at the root of financial collapses. Yet lending booms may be a natural consequence of economic development and fluctuations. So, are lending booms dangerous? In this Paper, we investigate this question empirically using a broad sample of...

This paper investigates the impact of PSP on the poor in the Colombian water sector in terms of access, continuity of service and affordability. Overall, the results indicate that PSP in the Colombian water sector has had a strong and positive impact on the poor as far as continuity of service...

We analyze the work-school tradeoff among Bolivia’s children, comparing a definition of work that includes only market activities and one that also includes domestic chores. Our empirical specification considers the joint determination of these decisions. We find that a tradeoff exists and...

We analyze the work-school tradeoff among Bolivia’s children. We compare a definition of work that includes only market activities and one that also considers domestic chores. Our empirical specification considers the joint determination of these decisions. We find that a tradeoff exists and...