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  1. Are Land Use and Development Changes Associated with Value Capture as a Result of Bus Rapid Transit (BRT) Investments?

    A Longitudinal Land Parcel Data Analysis of the First Phase of the BRT System in Bogota, Colombia
    Documentos de trabajo
    Agosto 2019
    C. Erik Vergel-Tovar and Patrick Welch

    There has been a rapid growth of bus rapid transit (BRT) systems in the world. Currently, more than 200 cities have this type of mass transportation system. Few studies have examined the association...

  2. Taxes and Economic Development

    An Update on the State of the Economics Literature
    Documentos de trabajo
    Agosto 2019
    Andrew Hanson

    There is a large literature examining the effect of taxes and tax concessions on local economic development, but the last comprehensive review of taxes and economic development was Wasylenko (1997),...

  3. Exploring the Use of Land Value Capture Instruments for Green Resilient Infrastructure Benefits

    A Framework Applied in Cali, Colombia
    Documentos de trabajo
    Julio 2019
    Stelios Grafakos, Alexandra Tsatsou, Luca D'Acci, James Kostaras, Adriana Patricia López Valencia, Nohemi Ramirez Aranda, and Barbara Summers

    Building resilient infrastructure is one of the major challenges cities face due to urbanization rates and climate change. Financing these investments is an additional challenge particularly for...

  4. Financing Transit Oriented Development by Value Capture

    Negotiating Better Public Infrastructure
    Documentos de trabajo
    Junio 2019
    Erwin van der Krabben, Ary Samsura, and Jinshuo Wang

    A recent World Bank report warns of the increasing problems of car-dependent urbanization (Suzuki et al. 2015), particularly in rapidly growing cities in developing countries. The integration of...

  5. Finanzas municipales en México

    Por qué unos municipios recaudan más y gastan mejor
    Documentos de trabajo
    Mayo 2019
    Mónica Unda Gutiérrez, with collaboration from Humberto Morones Hernández

    El municipio promedio en México se ha hecho más dependiente de las transferencias fiscales y no ha aumentado sus niveles de inversión. Sin embargo, la imagen agregada disfraza la...

  6. Residential Property Taxation in New York City

    Documentos de trabajo
    Abril 2019
    Moses Gates

    This working paper sets forth the recent history and current structure of New York City’s residential property tax system, as well as large-scale inequities, possible points of needed reform,...

  7. Protestas fiscales en Colombia, 2011–2015

    Documentos de trabajo
    Abril 2019
    Olga Lucía Zapata Cortés and Marco Fidel Agudelo Cano

    Entre 2011 y 2015 se protestó en Colombia a causa del incremento del impuesto predial, el cobro de la contribución por valorización para la financiación de obras pú...

  8. Recessionary Property Taxes

    Evidence from Maryland
    Documentos de trabajo
    Marzo 2019
    Andrew T. Hayashi

    Property taxes are often credited for stabilizing local government revenues during contractions, but this revenue stabilization can have destabilizing effects on households. In this paper I explore...

  9. Designing Land Value Capture Tools in the Context of Complex Tenurial and Deficient Land Use Regulatory Regimes in Accra, Ghana

    Documentos de trabajo
    Marzo 2019
    Samuel Banleman Biitir

    Rapid urbanization has increased the demand for urban infrastructure services. Municipalities have attempted to finance infrastructure services with value capture instruments. The paper highlights...

  10. Doing Bad by Doing Good?

    An Empirical Analysis of the Incentives from Informal Settlements’ Upgrading Programs on Urban Informality
    Documentos de trabajo
    Marzo 2019
    Cynthia Goytia and Guadalupe Dorna

    This paper has two different aims. First, we investigate the effects of informal settlements upgrading programs through a systematic review synthesizing the information provided by evaluations of...

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