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This paper studies the long-run effects of a "big-push" program providing a large asset transfer to the poorest Indian households. In a randomized controlled trial that follows these households over 10 years, we find positive effects on consumption (1 SD), food security (0.1 SD), income (0.3...
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Housing, particularly for low income urban households, is a long-standing challenge in India. In 2012, 96 per cent of … the all India urban housing shortage of 18.78 million was confined to low-income economic groups. This study empirically … examines three facets of urban India's housing demand using the latest available nationally representative household data on …
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This paper studies the long-run effects of a "big-push" program providing a large asset transfer to the poorest Indian households. In a randomized controlled trial that follows these households over 10 years, we find positive effects on consumption (0.6 SD), food security (0.1 SD), income (0.3...
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stock of financial assets and liabilities. By contrast, the Reserve Bank of India, in its recent publication, is marginally … household sector reveals that India is presently facing what may be called a five balance sheet challenge - critical HBS …
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