Economic Development

This second edition of Digitalizing H2O arrives at a pivotal moment for Asia and the Pacific, where over 2 billion people still lack access to safe water and sanitation. This e-magazine showcases transformative case studies and innovations—from intelligent leak detection in India to integrated water management in the People’s Republic of China—that are reshaping how …

Digitalizing H2O: The Future of Water in Asia and the Pacific Read More »

This paper shows that housing idiosyncratic risk is time-varying, depends negatively on the house price, varies across locations, and decreases with the holding period. These systematic movements can be associated with information quality and offsetting factors in credit supply. While higher interest rates are associated with reduced idiosyncratic pricing, tighter deposit requirements are associated with …

Evidence on the determinants and variation of idiosyncratic risk in housing markets – Appendix Read More »

This paper shows that housing idiosyncratic risk is time-varying, depends negatively on the house price, varies across locations, and decreases with the holding period. These systematic movements can be associated with information quality and offsetting factors in credit supply. While higher interest rates are associated with reduced idiosyncratic pricing, tighter deposit requirements are associated with …

Evidence on the determinants and variation of idiosyncratic risk in housing markets – Report Read More »