Results

CEP discussion paper

The social spillovers of homeownership: evidence from institutional investors

We provide novel evidence on the social spillovers of homeownership by exploiting the recent rise of institutional investors purchasing single-family homes and converting them into permanent rentals. Using a granular dif...Read more...

CEP discussion paper

The erosion of homeownership and minority wealth

Since the Great Recession, the traditional path to wealth creation through home ownership has stalled and worsened for many minority households. One potential and largely unexplored driver of this trend is the growing pr...Read more...

Journal article

Small Business Economics:

Homophily and peer influence in early-stage new venture informal investment

Abstract: Conceptualising early-stage new venture informal investors as co-entrepreneurs whose actions are socially embedded, we examine the role of social influence and how it interplays with entrepreneurial experience ...Read more...