We analyze the effects of state predatory mortgage lending laws, which have been a model for recent changes in the United States Federal legislation enacted to regulate the mortgage contract terms common in higher-risk mortgage market segments. Using the Rothschild-Stiglitz approach to model...

This paper uses four decades of panel data on Brazilian municipalities to study the separate and joint impacts of highway and electricity infrastructure access on local economic outcomes. The identification strategy employs difference-in-difference estimators with staggered adoption design and...

This study offers the first consistent attempt to identify how energy sector decarbonization policies have affected the energy mix over the past four decades across more than 100 developing countries. It applies systematic regression analysis to five energy sector decarbonization outcomes and...

How does the misallocation of complementary public capital affect the spatial organization of economic activity To answer this question, this paper endogenizes the government's decision to invest in the transport and electricity networks. A novel multi-sector quantitative spatial equilibrium...

Argentina is one of the world's largest biodiesel producers and the largest exporter, using soybeans as feedstock. Using a computable general equilibrium model that explicitly represents the biofuel industry, this study carries out several simulations on two sets of issues: (i) international...