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...

This paper decomposes the black-white gap in homeownership propensity into an endowment component and a residual component across its distribution. We document evidence that supports the view that the racial gap differs across its distribution and that studies that only examine the gap at the...

This paper analyzes the black-white racial gap in US house values in 1998 and 2004 when US house prices experienced considerable appreciation. Un- like previous studies which estimated the racial gap at the mean values, we estimate the entire distribution of the racial di erences in housing...

This paper examines the association between bank market power and revenue diversification using a sample of 153 commercial banks from five Association of Southeast Asian Nations (ASEAN) member countries (Indonesia, Malaysia, the Philippines, Thailand and Vietnam). The results indicate that banks...