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Publications associées (35)
The role of public urban transport in the context of social inclusion; The Transantiago case
“Santiago de Chile is implementing a new urban transport system that may give important incentives for other world cities”. This World Bank citation refers to the sophisticated public urban transport system called Transantiago started in February 2007. It ...
2007On the climate change effects of high oil prices
Some commentators claim that the oil market has achieved within a few months what international bureaucrats have struggled to obtain in a decade of international climate negotiations. The fallacy of the oil price argument is that substitutions and income e ...
2007"House poor" or simply "poor" ?
This paper defines a set of indicators for distinguishing housing affordability problems resulting from high rents from those chiefly arising from low income. In place of the common ratio of rent to income, it uses a residual income indicator with indicato ...
2003An Exact Relation Between Willingness To Pay and Willingness To Accept
I present a simple and precise relationship between the willingness-to-pay and the willingness-to-accept, or equivalently between the compensating and equivalent variations following an exogenous welfare change. One can be computed given the other as a fun ...
Elsevier2003Endogenous Debt Constraints in Lifecycle Economies
We characterize competitive equilibria with perfect foresight in a deterministic, three-period pure-exchange overlapping generations economy with perfect information and no commitment to loan contracts. Commitment is replaced by an enforcement mechanism th ...
Wiley-Blackwell2003