Most Indonesians rely on liquefied petroleum gas as one of their primary sources energy. Liquefied is classified into subsidized and non-subsidized. Subsidized primarily used by low-income households, small businesses, poor fishermen farmers for cooking. However, no exit strategy has been established to overcome the increase in government spending kerosene introduced 2008. The problem that macr...

We study optimal taxation in an environment where the agents di er in their work opportunity costs. The opportunity cost of work is xed, independent of the number of hours worked: the only decision of the agents is to (full time) participate, or not, in the labor force. The planner, who does not observe the opportunity costs, is utilitarian. We nd a large class of planner objectives where it is...

In this paper we study the design and characterization of prediction markets in the presence of traders with unknown risk-aversion. We formulate a series of desirable properties for any “market-like” forecasting mechanism. We present a randomized mechanism that satisfies all these properties while guaranteeing that it is myopically optimal for each trader to trade honestly, regardless of her de...

Prevention of mother-to-child transmission of HIV was added to standard antenatal care (ANC) in 2000 for Colombians enrolled in the two national health insurance schemes, the 'subsidized regime' (covering poor citizens) and the 'contributory regime' (covering salaried citizens with incomes above the poverty threshold), which jointly covered 80% of the total Colombian population as of 2007. This...

a r t i c l e i n f o Keywords: Place-based programs Business incentives Tax credits Low-income neighborhoods Regression discontinuity This paper examines the effects of investment subsidized by the federal government's New Markets Tax Credit (NMTC) program, which provides tax incentives to encourage private investment in low-income neighborhoods. I identify the impacts of the program by taking...

BACKGROUND In Tanzania, many people seek malaria treatment from retail drug sellers. The National Malaria Control Program identified the accredited drug dispensing outlet (ADDO) program as a private sector mechanism to supplement the distribution of subsidized artemisinin-based combination therapies (ACTs) from public facilities and increase access to the first-line antimalarial in rural and un...