This paper compares the optimal dynamic choices between policies of mitigation and adaptation for three economies: Brazil, Chile and the United States. The focus is on the optimal role of mitigation and adaptation for “environmentally small economies,” i.e., economies that are witnessing an...

We review the empirical evaluation of three school-management interventions: school decentralization, tracking and contract teachers. We provide stylized models to organize the discussion of the results. We look at the average and distributional effects of the policies and stress the possible...

We study the effects of titles on parcel valuation and urban land market development (real estate transfers, rentals, and mortgages), and the dynamics of deregularization by exploiting a natural experiment in the allocation of land titles to very poor families in a suburban area of Buenos Aires,...