Economics at your fingertips  

The housing quality, income, and human capital effects of subsidized homes in urban India

Tanu Kumar

Journal of Development Economics, 2021, vol. 153, issue C

Abstract: This paper measures the effects of a subsidized housing lottery in Mumbai, India wherein winners can choose to either live in or rent out the homes. After 3–5 years, winners experience better housing quality, greater reported income, and different attitudes when compared to non-winners. They also have higher education and employment rates, with effects concentrated among youth. This occurs even though winners live in neighborhoods with worse schools and lower employment rates than non-winners at the time of measurement. Overall, effects differ from those of other asset transfers and housing programs requiring relocation. Comparisons with existing studies indicate that the intervention shifts educational attainment and employment at least as much as conditional cash transfers that target these outcomes. The findings suggest that when in-kind transfers can be easily exchanged or sold, their benefits approach those of cash transfers.

Keywords: Housing; Asset transfers; India; Wealth; Education; Mumbai (search for similar items in EconPapers)
JEL-codes: E24 H24 I38 J62 O18 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.jdeveco.2021.102738

Access Statistics for this article

Journal of Development Economics is currently edited by M. R. Rosenzweig

More articles in Journal of Development Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Page updated 2022-01-15
Handle: RePEc:eee:deveco:v:153:y:2021:i:c:s0304387821001061