Abstract: Most residential homes in developing countries such as India sell before construction is complete. Completed or move-in ready homes command a premium because of the compounded cost of capital and uncertainty costs incurred over time from holding under-construction homes. In this paper, we use listing data from India's six largest urban agglomerations (UAs) between 2010-2012 and show that sellers expect 2-15% move-in ready premia in five UAs. Moreover, in four UAs, individuals reselling homes expect five to eight percentage points higher move-in ready premia than developers selling new homes because of additional costs incurred by individuals from holding under-construction homes. We do not find any evidence of substantial speculative gains among individual resellers. At mean listed prices, the expected move-in ready premium is 383% of an average household's annual income in Mumbai, India's most expensive city. Our findings indicate that within the context of a developing country, lengthy construction times and expensive capital exacerbate already poor affordability conditions.

Abstract: We study the effects of a series of state and federal reforms that granted equal inheritance rights to Indian women on the quantity and quality of children. Using a difference-in-differences methodology, we find that women who were affected by the state reforms had 0.4 more children. State reforms did not have any effect on children's heights. To assess the impact of the federal reform we use a panel data of women and a novel treatment based on the timing of their fathers' death. We find that women affected by the reform had on average 0.22 fewer children and had taller children on average. While the federal reform had no effect on the number of daughters born to this group, the number of sons born declined. Thus, we see evidence that granting property rights to women could potentially impact fertility decisions, health outcomes of children, and gender imbalance.

Abstract: Production of rice and wheat increased dramatically in India over the past decades, with reduced proportion of coarse cereals in the food supply. We assess impacts of changes in cereal consumption in India on intake of iron and other micronutrients and whether increased consumption of coarse cereals could help alleviate anemia prevalence. With consumption data from over 800,000 households, we calculate intake of iron and other micronutrients from 84 food items from 1983 to 2011. We use mixed-effect models to relate state-level anemia prevalence in women and children to micronutrient consumption and household characteristics. Coarse cereals reduced from 23% to 6% of calories from cereals in rural households (10% to 3% in urban households) between 1983 and 2011, with wide variations across states. Loss of iron from coarse cereals was only partially compensated by increased iron from other cereals and food groups, with a 21% (rural) and 11% (urban) net loss of total iron intake. Models indicate negative association between iron from cereals and anemia prevalence in women. The benefit from increased iron from coarse cereals is partially offset by the adverse effects from antinutrients. For children, anemia was negatively associated with heme–iron consumption but not with iron from cereals. Loss of coarse cereals in the Indian diet has substantially reduced iron intake without compensation from other food groups, particularly in states where rice rather than wheat replaced coarse cereals. Increased consumption of coarse cereals could reduce anemia prevalence in Indian women along with other interventions.