Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
We test for financial constraints as a market failure in education in a low-income country by experimentally allocating unconditional cash…
The international community has historically maintained hope that advances in science and technology offer humanity a wide range of options…
Can small search costs that constrain information acquisition and monitoring across the administrative hierarchy provide a substantive…
This paper presents a conceptual account of urban governance in Mumbai as a rent-sharing system based fundamentally on control over urban…
Personal Website:
http://www.michaelwalton.info
Michael Walton is Senior Lecturer Emeritus in Public Policy at the Harvard Kennedy…