This paper evaluates the effects of restricted land use rights on aggregate productivity using micro-level data within a quantitative model. In particular, I exploit the Rice Land Designation Policy in Vietnam, which forces farmers to produce rice on almost 45% of land plots. I use digitized...

This paper investigates the extent to which exposure to climate volatility can influence individual migration decisions in Vietnam. Utilizing the exogenous variation in the rainfall deviation from the local norms within an individual fixed-effects framework, we uncover the negative association...

Luxury is defined as ‘an inessential, desirable item that is expensive or difficult to obtain' and yet many people still desire it. It is not uncommon that people save up for a product that usually beyond of their affordability. For the scope of this paper, luxury consumption is buying...