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deforestation in the Brazilian Amazon. We estimate yearly panel data models (from 2002 to 2009) for 457 municipalities in the region …. The results show that recent deforestation is related to economic incentives, and especially to fluctuations in product … police (IBAMA) were effective in reducing deforestation rates. -- Causes of deforestation ; Amazon ; Brazil …
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Does credit availability exacerbate asset price inflation? Are there long run consequences? During the farm land price boom and bust before the Great Depression, we find that credit availability directly inflated land prices. Credit also amplified the relationship between positive fundamentals...
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Does credit availability exacerbate asset price inflation? What channels could it work through? What are the long run consequences? In this paper we address these questions by examining the farm land price boom (and bust) in the United States that preceded the Great Depression. We find that...
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