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The authors provide an economic framework to analyze investment in informal housing in developing countries. They consider a simple model of investment in the housing market where investors can choose between two sectors-the formal sector, where physical investment faces no risk of destruction,...
Persistent link: https://www.econbiz.de/10005116580
This paper uses random assignment of students to investigate the impact of study groups and roommates on academic achievement. We find that informal social interaction with roommates has a significant positive impact on academic achievement, while study group peers have no discernible impact, a...
Persistent link: https://www.econbiz.de/10011196516
Chit Funds are indigenous financial institutions in India that combines credit and savings in a single scheme. In a chit fund scheme, a group of individuals come together for a predetermined time period and contribute to a common pool at regular intervals. In order to understand the intricacies...
Persistent link: https://www.econbiz.de/10010784637
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Informal settlements are an integral part of the urban landscape in developing countries. These settlements are widely distributed within cities, including central business centers and peripheral areas with environment hazards. In most cases, residents of these settlements do not have access to...
Persistent link: https://www.econbiz.de/10005134078
Persistent link: https://www.econbiz.de/10005239077
Globalization has made it possible for labor in developing countries to augment labor in the developed world, without having to relocate, in ways not thought possible only a few decades ago. We argue that this large increase in the developed world's effective labor supply, triggered by...
Persistent link: https://www.econbiz.de/10008610972
Globalization has increasingly made it possible for labor in developing countries to augment labor in the developed world, without having to relocate, in ways not thought possible only a few decades ago. We argue that this large increase in the developed world’s effective labor supply,...
Persistent link: https://www.econbiz.de/10010608439
Persistent link: https://www.econbiz.de/10005439421
Social public housing offer rents that are more than 60 % undervalued. The total `loss' of public sector landlords amounts to 37 billions Francs per year. The `rebate' allows social sector tenants to consume 10 % more housing services and 11 % more of other goods. The surplus gain of living in...
Persistent link: https://www.econbiz.de/10010834902