The organized retail market growth in India is very low when compared to other countries. Modern retailing is not a threat in India as most of the customers have not stopped visiting kirana stores. Modern retailers are successful in attracting the customers with discounts, loyalty programmes,...

I analyze Hurricane Katrina as a natural experiment that shocks housing demand by reducing the stock supply of housing and raising net migration. With empirical data from 57 metropolitan areas, I measure the impact of Katrina on housing price, new residential investment and net migration, and...