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Do Mandatory Disclosures Squeeze the Lemons? The Case of Housing Markets...
The paper demonstrates that a mandatory disclosure law on housing projects can have important, pro-efficiency effects in a developing country, and suggests that such laws may be efficient in a regime of low-state capacity.Are slums more vulnerable to the COVID-19 pandemic: Evidence from Mumbai
India has been highly susceptible to the spread of pandemics. The 1918 pandemic caused devastation across the country, with an excess mortality of 4.5%. While a century has passed since then, the present conditions of dense living and a weak public healthcare system makes the possibility of the rapid spread of the ...Too slow for the urban march: Litigations and real estate market in...
India is urbanising and putting increasing pressure on urban land and there is growing impetus to convert land from agriculture to non-agriculture use. According to the United Nations (2015), India will see the largest increase of all countries in urban population by 2050. Efficient functioning of urban land markets will be critical ...