Many cities in developing countries are characterized by a striking juxtaposition of formal and informal housing, where these sectors coexist in close proximity. This paper develops a model of urban land markets where both the formal and informal sectors are endogenously and mutually determined....

This paper studies acquisitions of nursing home facilities by chains. We first test alternative ‘cream-skimming’ and ‘turn-around’ arguments concerning nursing home acquisitions. We then consider post-acquisition changes in nursing home health performance, differentiating effects of the...

This paper studies acquisitions of nursing home facilities by chains. We first test alternative 'cream-skimming' and 'turn-around' arguments concerning nursing home acquisitions. We then consider post-acquisition changes in nursing home health performance, differentiating effects of the...

Multiunit chains proliferated rapidly during the twentieth century and now dominate much of the service sector landscape, often growing by acquiring components from other owners. Transfer learning plays a central but only partially understood role in chain strategy, in both ongoing and newly...