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How exactly should one estimate property investment returns? Investors in property aim to maximize capital gains from price increases and income generated by the property. How are the returns on investment in property determined based on its characteristics, and what kind of market...
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We present results from a randomized trial of an innovative anti-poverty program in India. Instead of a safety net, the program provides “ultra-poor” households with inputs to create a new livelihood and attain economic independence. We find no statistically significant evidence of lasting...
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This paper provides novel evidence on the long-term effect of the Great Recession on the quality of jobs, in particular whether the Great Recession results in the replacement of “good jobs” (characterized by high wage/benefit, job security, and opportunity for training and development) with...
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