This paper uses a three-round 4,000-household panel from Andhra Pradesh together with administrative data to explore short and medium-term poverty and welfare effects of the National Rural Employment Guarantee Scheme. Triple difference estimates suggest that participants significantly increase...

Rapid population growth in many developing countries has raised concerns regarding food security and household welfare. To understand the consequences of population growth in a general equilibrium setting, this paper examines the dynamics of population density and its impacts on household...

Many platforms use monetary incentives to encourage user-generated content (UGC) contributions. However, empirical studies report contradictory findings: monetary incentives may either increase or decrease contribution. To understand the underlying mechanisms, we build a theoretical model where...

This paper shows how to compute the standard errors for partial effects of exogenous firm characteristics influencing firm inefficiency under a range of popular stochastic frontier model specifications. We also develop an R[superscript 2]-type measure to summarize the overall explanatory power...

Despite the popularity and the unique nature of women's self-help groups in India, evidence on the economic impact of these groups is scant. On the basis of two rounds of surveys of 2,517 households, we use a strategy of double differences and propensity score matching to assess the economic...

This paper develops a formal model to examine the effect of changing market conditions and individuals' selling constraints on expected selling price and time-on-market. Using the concept of Relative Liquidity Constraint (RLC) - a stochastic variable that captures the randomness of future...

This paper re-examines and extends the findings of Bond et al., Journal of Real Estate Finance and Economics, 34, 447-461, (2007) who consider the theoretical model of Lin and Vandell, Real Estate Economics, 35, 291-330, (2007) to determine the extent to which individual real estate asset return...

Applying a negative binomial regression model, this paper investigates how Chinese exports have reshaped the global value chain and the use of antidumping. We use trade in value‐added statistics to distinguish between Chinese exports of intermediate and final products to its main trading...

Our study examines the pricing of private placements for issuing firms subject to outstanding loan covenants. Using Private Investments in Public Equity (PIPE) deals from 2001 to 2018, we find that issuing firms restricted by loan covenants offer a discount of 3.9% larger than those without...