Total returns to single‐family rentals

Domestic migration, home rentals, and crime rates in China

Although it is commonly believed that immigration leads to a high crime rate, this relationship is far from conclusive. This paper contributes to this line of research by exploring the case of China, a country undergoing rapid and profound urbanization. We collected and analyzed the arrest and prosecution data from the procuratorates of 306 prefectures in China, combined with interviews with ni...

Do Innovations Really Pay Off? Total Stock Market Returns to Innovation

C often decry an earnings-focused short-term orientation of management that eschews spending on risky, long-term projects such as innovation to boost a firm’s stock price. Such critics assume that stock markets react positively to announcements of immediate earnings but negatively to announcements of investments in innovation that have an uncertain long-term pay off. Contrary to this position, ...

Returns to Venture Capital

The returns to private equity investment have become a vexed issue, attracting widespread debate in the media, government, and among researchers. Much of the attention has focused on later-stage buyout investments, but there is a general move towards greater transparency and disclosure of the returns to both early and late-stage venture capital (VC) investments. Shortcomings in the information ...

Rall Returns to NIEHS

Total Factor Productivity and Returns to Public Investment on Agricultural Research in India§

This study has estimated the total factor productivity (TFP) and its share in output growth, and returns to public investments on research in agriculture in India. The contribution of agricultural research in reducing real cost of production and attainment of food self-sufficiency has also been estimated for the country. The estimates of TFP have shown considerable variations across crops in di...