Abstract:
We study the effects of titles on parcel valuation and urban land market development (real estate transfers, rentals, and mortgages), and the dynamics of deregularization by exploiting a natural experiment in the allocation of land titles to very poor families in a suburban area of Buenos Aires, Argentina. This natural experiment has been previously exploited to study effects of land titling on child health (Galiani and Schargrodsky 2004), on the formation of beliefs (Di Tella et al. 2007), and on investment, credit access, household structure, and educational achievement (Galiani and Schargrodsky 2010).